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Get your taxes done using TurboTax
I did enter the asset as sold in the Asset Entry Worksheet and it calculated a loss of $1,766 - this loss did not flow through to Form 4797 - as noted in my more detailed response above. If I override the amount calculated on Form 4797 and enter the correct amount of the loss, TurboTax indicated I will not be able to file electronically.
‎September 25, 2022
7:36 PM