I borrowed money to buy stock. I sold some of it and paid back the loan + interest for the shares I sold. The amount I received from the sale had already deducted the interest + principal. No 1099B.
I entered the sale details into "Stocks, Mutual Funds, Bonds, Other" section. When I get to "Select any less common adjustments that apply", do I check the box "The reported sales price did not deduct all fees or selling expenses" enter the loan and interest details that offset what I received vs total sale proceeds?
I entered the interest in the " Investment Interest Expense" section but confused if I need to also check the box in "Stocks, Mutual Funds..." section and re-enter the loan + interest. Please help.
