The desktop app says I have one error we can't clear or get around with factual information and it's holding up our filing..
I loaded all of the information from my 1099-K, and if I choose "I sold some items at a loss", I'm greeted with an itemized sheet with no context.
In my case, I received $1527.99 in ticket sales from five events.
I sold one for a loss, and received $180. I lost $128.
The other four I received a whipping total of $411 in profit.
Yet, the Turbo Tax checker says I need to somehow consolidate $1347.99, which is the Boxa number minus the proceeds I received at a loss. How the hell do I do this?!
I'm greeted by the Capital Assets Sales Worksheet, which asks for short/long term proceeds, and a Brokerage Statement Study Table....do I have to enter the raw amount I received for the four transactions I profited from, and then how much that represented in profit for each one?
I'm not an accountant, and I have purchased TurboTax every year for 15 years to avoid this kind of thing.
