Hi James,
Thank you for your response, great question. As a user, I initially thought I had to choose one of the two options because the system wouldn’t let me move forward without selecting something. After making a selection, I tried to go back and deselect it, but the radio button only allowed me to toggle between the two choices rather than leave them blank, so I continued through the workflow.
After starting over and following your guidance, I now see that TurboTax does allow me to leave both options unselected and proceed with the remaining steps.
I do have a follow‑up question. If I don’t select “All items were sold at a loss or had no gain” which is what generated Schedule 1 and placed the $1,300 on the line for “For 2025, enter the amount reported to you on Form 1099‑K that was included for personal items sold at a loss” how does the IRS know which specific 1099‑K that amount relates to? Schedule D reports gains in total, not by payer. What happens if someone receives multiple 1099‑Ks from different third‑party platforms?
Thank you
