M2025
Returning Member

Get your taxes done using TurboTax

I am having this same issue.  Entered everything correctly just like last year.  My personal item had no gain so the amount listed on my 1099-k should be listed at the top of schedule 1, but instead I’m getting a review error message & no schedule 1 is generated when I bypass the error.

I should not have to fill out the cost basis schedule in this situation, which also would require upgrading to a more expensive version of TurboTax.  I regret that I’ve already paid for TurboTax online and to efile both my state and federal taxes.  

It’s unacceptable for TurboTax to still have a major bug like this on tax day.