I've entered all data into Turbo, but it failed to generate a Schedule D showing capital gains. How can I fix this?
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Please clarify. TurboTax will automatically generate and fill out Schedule D when you report 1099-Bs and other capital asset sales: What asset sale did you enter that you need a Schedule D?
You might not get a schedule D if you only have capital gains on 1099 Div. Did you have any sales on 1099B?
Even though the full amount shows up in the total income on the 1040 line 7, if you have capital gains or qualified dividends the tax is not taken from the tax table but is calculated separately from Schedule D. The tax will be calculated on the Qualified Dividends and Capital Gain Tax Worksheet. It does not get filed with your return. In the online version you need to save your return as a pdf file and include all the worksheets to see it.
For the Desktop version you can switch to Forms Mode and open the worksheet to see it. Click Forms in the upper right (upper left for Mac) and look through the list and open the Qualified Dividends and Capital Gain Tax Worksheet.
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