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rsaffi
New Member

Why is double counting occurring in 2025 on capital gains?

I checked my two brokerage accounts for box 3 amounts; only 1 mutual fund reported an amount of about $15,000 but my Schedule D reports $33,000 approx. What can I do to resolve this? It is inflating my total income and resulting in much additional tax.
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2 Replies
RobertB4444
Employee Tax Expert

Why is double counting occurring in 2025 on capital gains?

Did you have any 1099-B stock sales?  Those are combined with the capital gains distributions.

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Why is double counting occurring in 2025 on capital gains?

@rsaffi 

 

Or did you mean box 2a $$ amounts......those are the normal Mutual Fund cap gains  (never had any 2b, 2c, or 2d $$)

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*

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