Retirement tax questions

Hello ThomasM125,

 

Well Mate, you can have a negative number in Form 8949 and in Form 1099-B worksheets!

Turbotax updated this morning 18-Feb-2021 and when I ran the update on the same file as is, no changes, it accepted all the negative numbers from the financial services 1099-B documents that were downloaded into Turbotax....  Those negative numbers resulted from CALL trades. The ERRORs were flagged in the 1099-B Worksheets, only. 

 

Regards

JCB  ðŸ˜Ž