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.