As suggested above, you can often enter a minus sign before a figure, such as -500, to reflect a negative amount.
However, not all fields in TurboTax will accept negative entries.
If a negative amount is not accepted in the spot you want in TurboTax, please provide more information:
- What section of TurboTax are you working in?
- What is the screen title?
- Are you working in the federal section, or in the state section?
- If you’re working in the state section, what state?
- Are you entering a specific form?
- Are you trying to claim a particular credit or deduction?
