I am having the same issue. I know what needs to be done. I need to fill out schedule D then on line 17 subtract (or add if loss) the amount that I earned to zero out Schedule D. Then move the zero'd out number to Schedule C so I can write off the expenses. TurboTax online does not let you do this as you cannot access forms mode. Forms mode is available on the CD. So you can manipulate it there. Then the issue becomes that Day traders do not pay Self Employment tax. How do I deduct that from the Schedule C? Help?
