It turns out you can only report capital gains using the path you provided. After entering all the information I get this message: Your sale did not result in a gain. Report here only sales of property you made a profit on. We'll remove this sale now.
When I went to the next step it prompted me to put in the same information if I had a loss. I did that, but TT didn't clasify it as a capital loss, but rather an ordinary loss, fully deductible for 2024.
Does this sound right?
