Investors & landlords

My broker does similarly, but puts negative amount in proceeds, and zero in cost.

My tax software accepts this, but will not allow a negative amount in cost.

 

BUT

e-File would not work with negative proceeds on Schedule D. This was a known problem and

IRS suggested a work around to tax software providers so the e-File could go through.

Perhaps that problem has been fixed by now.

Schedule D is supposed to allow a negative proceeds and you should be able to e-File.

@sanash 

cc: @Mike9241