To report the gain correctly, I have to choose “All items were sold at a loss or had no gain” so that TurboTax will let me report the gain.....
I am confused why an entry needed to be made at the screen Personal Item Sales.
I entered an IRS form 1099-K reporting personal item sales and reporting gross receipts of $1,300 and a gain of $230.
I was not required to select the option All items were sold at a loss or had no gain. Neither option was selected and I clicked Continue.
I was able to complete the entry under Investment Income and Stocks, Crypto, Mutual Funds, Bonds, Other. I was able to Review with no error reported.
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