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I don't believe you can file this way.  An investment sale has to have 'Proceeds' whether it a gain or a loss when compared to Cost Basis.  Your entries show you 'gave away' stock that cost you $100.    You could report Proceeds as equal to Cost Basis, so no gain/loss is reported.    However, you can't upload or mail a copy of your 1099-B since you don't have one.  If you sent documentation of the sales with a mailed return, then you may get questions from the IRS on why you're not reporting the sales/loss correctly on your return.  You could also include a statement as to why you're not claiming the loss, but I'm questioning at this point if you even need to report this as a stock sale at all.   If you have other types of foreign income (dividends, wages, rental income, self employment income) that you paid Foreign Tax on, you could combine them into one entry for a foreign tax credit.  If this applies, report the total amount of foreign tax you paid, and the foreign income amount (total for all, less losses).   Here's more info on Claiming the Foreign Tax Credit and discussion on Foreign Capital Gains/Losses.   @MMehta                     

Thanks for feedbacks. To be understand correctly , I elaborate from your feedbacks:  1. I research that VN is not Tax Treaty with U.S. so having any ways to do tax credit ? if YES  , what is a suitable ways?  2. Filing 1040 form meaning I treat myself as residency for full tax year 2024 rite? The as residency, I have to included all non-US sources income which will be taxable either at Federal or State. Is is correct? If YES,  is there any way to file deductible amounts of the family expense such as moving country to country expense beside the tax credit cuz we paid tax in our country?

If you are using the TurboTax desktop editions, the state e-file fee is $25. Can you give a screenshot of where you are being asked to pay $250 just to e-file the tax return?   This is the what you should see to pay the $25 e-file fee with a credit card -    

Are you asking whether the payments are taxable?  Or are you asking something else?   Military bonus payments are subject to taxation at the time of payment.  However, you will not be taxed for a bonus paid while you are serving in a combat zone.

Did you enter the correct cost basis as an adjustment after indicating that the cost basis was incorrect.  If not, that is how you need to enter it.  If you did enter it as and adjustment, did you import your Form 1099-B?  Sometimes when you import a Form 1099-B making adjustments to the cost causes problems, even if the cost basis is missing.  If that is the case, try deleting your Form 1099-B and type it in yourself.

Thanks for your reply.  I'm not sure if my daughter can enter her own 1095-A, since my husband and I are listed as "recipients" in Part 1 and she is listed as the sole "covered individual" in Part 2.   The 2nd 1095-A lists my husband and me as recipients in part 1, and the two of us plus our younger child as covered individuals in Part 2.   I'm unclear how to proceed since my daughter was considered part of the household for APTC purposes, but is filing a separate tax return and had the "gold" Covered CA plan, while the rest of us had the silver plan.  In addition, when we initially obtained Covered CA coverage, she was considered a dependent but ultimately did not qualify as a dependent when filing.     

Form 1098-T is a tuition statement and really isn't "put/reported" on anyone's return, it is used to do calculations. In TurboTax, it is suggested that the taxpayer that claims the student enters the forms (1099-Q, 1098-T) and lets the program decide the next step.  If the distribution is taxable, the person that was issued the 1099-Q needs to claim the taxable portion. If there is a credit, the taxpayer claiming the student gets the credit, if there is taxable scholarships, the program will tell the taxpayer claiming the student how much the student needs to claim.    This is the procedure if you want the TurboTax program to do the math.   For the taxpayer that wants to do the math, only the relevant form(s) is entered.    IN YOUR SITUATION,  if the entire distribution was used for Room and Board, no reason to enter Form 1099-Q in any TurboTax program   if you are not eligible for an education credit (are you over the income level?) no reason to enter Form 1098-T in your TurboTax program   if the student received more in scholarships then what was paid in education expenses and needs to claim that excess as income, Form 1098-T can be entered into the student's program so the program can calculate the amount to claim  OR  the taxable amount (only) can be entered on the student's TurboTax program        

Thank you for that response. I still am trying to figure out under which head i should claim the business expense for using contractors from India. This is my first and would be my final return as the business is closed.  Currently I put it under payment to independent contractors. Also, can I also claim the state opening registration fees and closing business fees in the return Thanks

The Kentucky 3-year Recovery rule allows you to spread the taxable amount of certain pension and retirement distributions over three years. This rule generally applies to qualified pension plans, profit-sharing plans, and stock bonus plans from employer-sponsored plans, but not to traditional or Roth IRAs.   Helpful Links Kentucky 740 Instructions Packet (2025) - see table on page 7 Reach back out with type of pension plan the withdrawal was taken from for additional information.

Mississippi generally follows federal tax treatment for capital gains but has state-specific exemptions, such as the Sec 1202 Qualified Small Business Stock (QSBS) sale exemption. Since Mississippi does not tax the gain from the sale of stock in a Mississippi-based C corporation, you correctly made the adjustment.   However, TurboTax does not support filing the filing of the reconciliations page thus you will need to manually attach a statement explaining the adjustment.  You will then need to mail the return to Mississippi, as TurboTax won't allow electronic filing when statements are attached.

To pay your taxes with a credit/debit card, you have to do it through a a third-party payment processor.  The processor charges a convenience fee.  To do this, go to the IRS Pay Your Taxes by Debit or Credit Card site, choose a payment processor, and pay your tax bill there.   How can I pay my federal taxes?

My parents no longer claim me as a dependent, but I think they did last year during the semester that tuition was paid. Box 1: $14,607.00 Box 5: $17,382.00 Edit: Just confirmed that they did in fact claim me as a dependent last year.