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Why it shows gain instead of loss in Capital Gains/Losses Worksheet

see the 1st row, 

the gross sales is 1045.460,

the cost is 1199.013,

 

why the Gain/Loss is positive not negative ?

 

Screenshot 2025-04-05 102916.png

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4 Replies
MonikaK1
Expert Alumni

Why it shows gain instead of loss in Capital Gains/Losses Worksheet

The transaction as shown is incomplete as the date acquired and date sold are missing. 

 

Once this is fixed, go back and look at the transaction in the Investments section to confirm that it's correct.

 

If you are in Desktop, you can go to Forms mode to review the Schedule D and worksheets.

If you are using an Online version, you can preview your return before filing to find out how your taxes were calculated from your entries. See here for details. 

 

 

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Why it shows gain instead of loss in Capital Gains/Losses Worksheet

i understand the dates are missing, but don't understand why it shows gain instead of loss.

thanks !

 

Why it shows gain instead of loss in Capital Gains/Losses Worksheet

Looks like the column is too narrow and not showing the -xx in front.  

MonikaK1
Expert Alumni

Why it shows gain instead of loss in Capital Gains/Losses Worksheet

@VolvoGirl has a good point. The way the item is showing in the Review screen may not match what's shown on the return. Check your entries in the Investment section to be sure the transaction is reported correctly.

 

@ningji 

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