No. You can enter the transactions/sales of the personal items as follows. You must know if the holding period (one year or less = short term/more than one year = long term).
- Add all items sold that were held short term
- Add all items sold that were held long term
- Select 'Something other than a date' for the date of purchase or acquired. You can always use the 'V' for various in the date acquired.
- Enter two sales - long term and short term
- Use your cost and the amount of the sale proceeds for each sale
I realize you feel confident that all items were sold at a loss however I want you to understand the tax rules when there are sales of personal items.
NOTE: One personal item or a group of personal items sold in one transaction at a gain requires the gain to be taxed.
One personal item or a group of personal items in one transaction sold at a loss, the loss is suspended and not allowed to reduce or offset other income, even the gain on personal items sold in a different transaction.
@stantonporsche
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