I have TurboTax Premier 2024m but taxable capital gains (Schedule 3) do not show up.

[tyee391]

Taxable Capital Gains on T3:s are ignored

[TurboTaxSusan]

Do you have anything entered in Box 52 or Box 53? If not, you'll need to enter whatever is in Box 21 into either Box 52 or Box 53.

The new capital gains rate is not going into effect this year, so both boxes are taxed at the same one-half (50%) rate, but they still need to be filled in.

[tyee391 · Accepted solution]

Susan,

Thank you for responding. Yes, I do have amounts in Boxes 52 and 53 and I have made sure the total of those amounts equal the amount in Box 21.

I have tried putting one amount (the total) in either Box 52 or 53, to no avail.

Schedule 3 which is the Capital Gain Schedule remains blank.

I have deleted the TurboTax application and re downloaded it, thinking I might have a corrupted program, but it made no difference.

Somehow the amounts in Boxes 52 and 53 (or 21) do not get to Schedule 3 and subsequently the Taxable Capital Gains line in the Income Section of the Summary remains at 0.00 (zero).

I have not been able to find a solution, but the final return would be incorrect, as Taxable Capital Gains are excluded and therefore do not show up as Income.

Help!

[TurboTaxSusan]

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