It seems like the investment sale should have been reported on a form 1099-B where the sale proceeds and cost basis would be listed. If the cost basis was wrong, there is an option in the program to correct it. Furthermore, an investment sale like you mention is capital gain income, but if you report it by entering a Form 1099-MISC it is likely to show up as ordinary income. I suggest you report the sale as an investment sale by following these steps:
- Choose the Federal option on your left menu bar
- Choose Wages & Income
- Choose the Investments and Savings (1099-B, 1099-INT, 1099-DIV, 1099-K, Crypto) option
- Choose Add investments
- Choose the Stocks, Bonds, Mutual Funds option and follow the instructions
- Indicate that you don't have a form 1099-B and enter the sale proceeds and cost basis of your sales
As far as the form 1099-MISC is concerned, you can enter it and then enter a negative income amount to cancel out the income as follows:
- Choose the Federal option on your left menu bar
- Choose Wages & Income
- Find Less Common Income in the list of income sources
- Use the Show More option to expand the choices and choose Miscellaneous Income, 1099-A, 1099-C
- Choose the Other Reportable Income option and find Other Taxable Income in that section
- Enter a description for your adjustment and the amount as a negative number
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