sjsusce
New Member

Get your taxes done using TurboTax

Until turbotax resolve the negative sale proceeds, I edit the "Sales Proceeds" and "Cost or other basis" fields. 

Go to Federal Taxes --> Wages & Income --> Stocks, Mutual Funds, Bonds, Other.

Click on Edit "broker", for mine it's TD Ameritrade Clearing.

Find the negative Gross Proceeds, click on Edit.

Change "Box 1d Sale proceeds" field to 0 and change the "Box 1e Cost or other basis" to the positive of the "Box 1d Sale proceeds".

ie Before Box 1d: -248.35  Box 1e: 0.00  After: Box 1d: 0.00 Box 1e: 248.35

The end results for Federal Tax Due and "State" Tax Due" should be the same.