I have capital gains of $8278 as entered on a form 1099-DIV. While everything seems to be calculated correctly, line 7 on form 1040 is populating as $8. I can't see any way to fix this. It shows as the $8278 on the 1040 worksheet and on the Qualified Dividend/Capital Gains worksheet.
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Thank you for the suggestion. That wasn't it, and the correct amount had been added into taxable income. I had exited the program, and when I reopened it to check the 1099-DIV, the problem had self-corrected. Now showing correct amount in line 7.
look at that 1099-Div and see if you didn't accidentally enter 8" . " 278 look for a decimal point there shouldn't be one except possibly after the second 8
Thank you for the suggestion. That wasn't it, and the correct amount had been added into taxable income. I had exited the program, and when I reopened it to check the 1099-DIV, the problem had self-corrected. Now showing correct amount in line 7.
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