- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
no way on turbotax deluxe or any other version of turbotax to get offsetting number on schedule 1 line 24z.
the work around would be to enter it manually but not sure if that might cause filing issues.
to get entry on line 8z is also a challenge. you can get description of item
1099-K personal items at a loss
by entering info on LESS COMMON income
Miscellaneous Income, 1099-A, 1099-C
but you have to make 2 entry
person item at a loss 200
person item at a loss -200
for example , so that turbotax will zero out and not owe any taxes
this will enter info on schedule 1, line 8z but seems like you need to manually enter 200 because it shows up as zero.
‎February 21, 2023
11:46 AM