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Get your taxes done using TurboTax
To clarify where to enter the negative amount:
- Go back to Option 2, Step 5. Enter the applicable description and amount and Continue. (For example, the entries were Description Personal Property Sales and 100)
- TurboTax now shows Other Miscellaneous Income Summary.
- Select +Add Another Income Item on the lower left side.
- At Other Taxable Income enter Cost of Personal Property for description and the negative amount and Continue. (To continue with the example, the amount would be -100.)
- Now returned to Other Miscellaneous Income Summary, select Done.
‎February 9, 2021
5:58 AM