Irene2805
Expert Alumni

Investors & landlords

You may have received a 1099-B form reporting negative proceeds. After entering the form into the TurboTax Program and trying to e-file, your return may be rejected or are unable to e-file because of the negative proceeds that were entered.

 

We are partnering with the IRS to change this situation and expect them to update their rules later in the season.


Right now there are three options you can take in this situation, They are explained in this TurboTax Help article:  How do I fix my 1099-B negative values?