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Get your taxes done using TurboTax
Hello.
Thanks for the above advice on 1099Ks for Personal Items sold at a loss.
I did see in other help sections saying that I should also create a entry in the "Investment Income" section under "Stocks, Mutual Funds, Bonds Other" to actually show the loss and that is what kept you from counting the 1099K monies as income. Which is correct? Just fill out the 1099K section as described above or that along with a "loss" entry under stocks?
Thanks again,
Mike
‎February 19, 2023
8:01 AM