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DisplacedHoosier
Returning Member

Form 8949 Not Totaling Correctly

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.

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2 Replies
ColeenD3
Expert Alumni

Form 8949 Not Totaling Correctly

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

DisplacedHoosier
Returning Member

Form 8949 Not Totaling Correctly

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.

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