Schedule D not printing

2 replies
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I am ready to scream! I initially did my taxes and everything was fine. I saw a schedule D included.

Then when I made a revision, NO schedule D was printed; instead I saw on line 7 the box "if not required check here" was checked. I DID NOT check this box. How do I uncheck the box?

Monikak11

Level 6

What version of TurboTax are you using? What type(s) of capital gains or losses are you reporting?

If your only capital gains income is capital gains distribution from a mutual fund, reported on a 1099-DIV, then Schedule D is not required and it is not prepared. The capital gain from Form 1099-DIV is reported directly on Form 1040 and the "Sch D not required" box is checked.

mrfphdAuthor

Level 2

I am using Premier. Yes, the capital gains are from a mutual fund. But what's strange is that I started a brand new form, downloaded all the information from my brokerage account, and a schedule D was generated. I don't want to take any chances with the IRS asking me for a schedule D. It's just strange that it was generated and then it disappeared.