How possible that TurboTax screen "Picture of Income" can show $1,468 in Capital Gains, but the "Income Summary" page shows $-2,778 loss from the 1099-Bs???
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New Member

How possible that TurboTax screen "Picture of Income" can show $1,468 in Capital Gains, but the "Income Summary" page shows $-2,778 loss from the 1099-Bs???

The $-2,778 is the actual Capital Gain/Loss totals from all the Proceeds From Broker reported on the 1099-B.  Thus, I can't understand why the Picture of Income screen shows a $1,4468 Capital Gain & hope it isn't used for the tax calculations.

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New Member

How possible that TurboTax screen "Picture of Income" can show $1,468 in Capital Gains, but the "Income Summary" page shows $-2,778 loss from the 1099-Bs???

Go to the schedule D form and see what actual numbers are being calculated and transferred to form 1040

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