Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 
kenfox
New Member

How do I claim the capital gains exemption on turbo tax. Can't find the T657 on the turbo tax premier product.

 
1 Reply
daisy08
Returning Member

How do I claim the capital gains exemption on turbo tax. Can't find the T657 on the turbo tax premier product.

To enter your Capital Gains Deductions, please follow the instructions below:

  1. Sign in to your TurboTax Online account. 
  2. Start your 2022 return.
  3. Click on the find icon at the top-right corner of the page.
  4. Please type and select the option titled "Capital Gains and Capital Gains Deduction Profile" and click " Go".
  5. You'll see the page titled "Your Capital Gains Profile for 2022", and select the option that best meets your requirement.
  6. Click "Continue".
  7. Click on "Enter more years for your name"
  8. Now you'll be prompted to the page where you can enter the details for your T657 Form

Thank you for choosing TurboTax.