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Level 3
posted Apr 30, 2023 5:02:13 PM

Why is Turbotax doubling my dividends and capital gain distribution?

I entered $3149 ordinary and $3148 qualified and return is showing $6298.  I entered $2100 capital gain distribution and return is showing $4200?

0 2 338
2 Replies
Level 15
Apr 30, 2023 5:15:32 PM

Did you import the 1099 and also manually enter them?  Delete all the 1099 and re enter them manually.  

Level 15
May 1, 2023 5:08:57 AM

Do you have other sources of dividends/cap gains like from a K-1 form ? 

 

Save a PDF of the return with all the worksheets to see what was entered ...

 

You can peek at only  the Federal form 1040 and the summary of the state info by going here:

1) lower- Left side of the screen...click to the left side of the "Tax Tools" text selection.
2)  then select "Tools"
3) then select "View Tax Summary" from the pop-up
4) then back to the left-side and "Preview 1040"

Then hit the "Back" on the left side to get back to your tax entries.

 

 

To view your entire return using the online editions (including the state) before you file, you will need to pay for your online account.

 

To pay the TurboTax online account fees by credit card, without completing the 2021 return at this time, click on Tax Tools >>> Tools  and then Print Center.  Then click on Print, save or preview this year's return.  On the next page, to pay by credit card, click Continue.  On the next screen it will ask if you want Audit Defense, if you do not want this option just click on the Continue button.  The next screen will ask for all your credit card information so you can pay for the account.