I had collectible sales of baseball cards and TurboTax is not generating the 28% Rate Gain Worksheet. How do I get TurboTax to complete the worksheet?

Forum|Forum|5 years ago
February 27, 2021
3 replies
49 views

Per the IRS Schedule D instructions, I believe these sales require me to complete the worksheet and then populate Line 18 of Schedule D.

TurboTax Online

Best answer by MarilynG

You may not be taxed at the 28% Capital Gain rate. TurboTax will prepare the worksheet and Schedule D for you.

When you View/Print/Save your return, request 'all forms and worksheets' if you want to review the calculations.

Click this link for more info on Sale of Collectibles.

Here's a detailed article on Capital Gains you may find helpful.

MarilynGAnswer

Level 15

You may not be taxed at the 28% Capital Gain rate. TurboTax will prepare the worksheet and Schedule D for you.

When you View/Print/Save your return, request 'all forms and worksheets' if you want to review the calculations.

Click this link for more info on Sale of Collectibles.

Here's a detailed article on Capital Gains you may find helpful.

**Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"

danmunikaplan

Level 2

This is not a helpfu answer. I have the same problem with the gain on my collectibles. I complete the entry in the 1099-B screen, but the sale is not showing up on line 18 of Schedule D and Turbotax is using the Qualified Dividents and CG Tax Worksheet instead of the Schedule D Tax Worksheet. How do I correct for this?

tmunoz

Level 13

Thank you for sharing this information. Our team is working to resolve a situation where the Code C might be missing on the 1099-B, so that it does not flag as gains from a collectible and generate the 28% Gain Worksheet. We apologize for any inconvenience this has caused.