Form 8949 Not Totaling Correctly

Forum|Forum|4 years ago
March 14, 2022
2 replies
22 views

I manually input stock share sales into TurboTax 2021 and it seems the totals do not match form 8949 (Part 1, TOTALS) or Schedule D. 8949 and Schedule D are both reporting incorrect values.

ColeenD3

Alumni - Intuit

Double-check your entries. This is the easiest entry point to make an error. Also, sometimes rounding will give you a different amount.

DisplacedHoosierAuthor

Level 2

I think I figured it out. I have more than 6 "Box A" sales to list on my 8949 and it seems to be only showing the last six on the form. I think the total amount listed is correct after reviewing the base data from my brokers that I've entered (after accounting for the entries that aren't displayed there).

So I guess TurboTax only creates 1 8949 each based on the Part 1 box checked (A, B, C)? I wasn't seeing all the Box A entries that fed into the totals on that 8949, but I think what carries over to the 1040 is accurate. Confusing.