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Get your taxes done using TurboTax
I've been reading this a bunch of these threads all addressing the same issue, and can try to help a little.
First off, you cannot transmit electronically with these errors (I have tried twice, after clicking through all 186 of the errors on my return from this exact issue). When I get to the final step to transmit the returns, I am forced to review all of them again.
What the TT "Experts" have said is that the IRS will reject these returns with negative "proceeds", and that it is a new change for this tax year.
So from my understanding, the options are: change each one individually; or print and mail the return. I have not gone through all 186 yet, but after adjusting roughly 25 manually, my refund has drastically dropped.
ā€ˇFebruary 15, 2021
9:20 AM