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Level 2
posted Aug 30, 2019 2:31:42 PM

Net Long Term Capital Gain K1 Box 9a

I have a K1 net long-term capital gain box 9a on my K1.  This is a business in which I am acvtive.  I have entered all of my K1 information but TurboTax does not seem to be calculating the box 9a in my capital gains tax due.  Any suggestions?

0 2 2022
2 Replies
Level 15
Aug 30, 2019 4:21:15 PM


@CTP wrote:

...TurboTax does not seem to be calculating the box 9a in my capital gains tax due.  Any suggestions?


Are you certain? Do you have a desktop version of TurboTax? If so, you can enter Forms Mode and look at Schedule 1 (Line 13) and the Qualified Dividend and Capital Gain Tax Worksheet - you should find the calculation in the latter.

Not applicable
Aug 30, 2019 7:53:37 PM

the capital gain is carried to schedule D line 12. from schedule D  the net long term capital gain (line 15) offset by any net short-term capital losses (line 7) is carried to line 3 of the capital gain worksheet