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Get your taxes done using TurboTax
Your basis in the stock cannot fall below zero. And, no, you can't report an installment sale that results in a loss.
However, you may be able to report the sale of stock as an installment sale using the steps listed in this post from 2019. Note that the menus may have changed and your result may vary.
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‎April 17, 2025
2:09 PM