Investment Income Overstated in Turbotax

[gail-t-kelly1]

In my income section in TurboTax I have inputted all my investment related forms (1099-Div, 1099-INT, etc). I have triple checked EVERY NUMBER. When I look at my total wages and income section, the total for investment income is higher than the numbers I have input. Then when I click this new capital gains button, that number is also higher, and higher even than the total it shows on wages and income. Why is this happening??? How do I fix it? I have literally triple checked every single number. 

[Mike9241]

where sre you looking - - in Turbotax summary or the actual return? Only the actual return matters.

Investment earnings commonly include interest, dividends, income from rental properties, royalties and the profit you earn from trading stocks.

[gail-t-kelly1]

I’m looking in the TurboTax summary. Which I would hope would be accurate…. 

how do I look at the actual form to see what that’s showing? 

[JamesG1]

You can review the 1040 in TurboTax Online by following these directions.

• Down the left side of the screen, click on Tax Tools.
• Click on Tools.
• Under Other helpful links, click on View Tax Summary.
• Down the left side of the screen, click on State Tax Summary to see the actual tax return that you prepared.
• Down the left side of the screen, click on Preview My 1040 to see the actual tax return that you prepared.
• Down the left side of the screen, click Back to return. 

You can print or view your full tax returns prior to filing after you have paid for the software.

• Down the left side of the screen, click on Tax Tools.
• Click on Print Center.
• Click Print, save or preview this year's return.

[kreed4]

Make sure that the Cx deletes all 1099-INT forms then enters them again manually. The total amount was overstated by the same amount listed for 1099-DIV.