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I have stock sales > $10 million. TurboTax says, "Cannot exceed $9,999,999.99." Is there a workaround, or do I need to do a manual return?

 
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I have stock sales > $10 million. TurboTax says, "Cannot exceed $9,999,999.99." Is there a workaround, or do I need to do a manual return?

You can break up the single transaction into two (or more) smaller units. 

 

Otherwise, the number of digits in data entry field is limited to nine.

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I have stock sales > $10 million. TurboTax says, "Cannot exceed $9,999,999.99." Is there a workaround, or do I need to do a manual return?

I would create another 1099-B (containing exactly the same information with respect to the broker, tax ID numbers, account numbers, etc.) with the overflow.

View solution in original post

3 Replies

I have stock sales > $10 million. TurboTax says, "Cannot exceed $9,999,999.99." Is there a workaround, or do I need to do a manual return?

You can break up the single transaction into two (or more) smaller units. 

 

Otherwise, the number of digits in data entry field is limited to nine.

I have stock sales > $10 million. TurboTax says, "Cannot exceed $9,999,999.99." Is there a workaround, or do I need to do a manual return?

Thanks much!  So, since there is only one box on the input for 1099-B, Box 1d on the Borkerage 1099-B, do I need to simply need to create another 1099-B broker entry (with the same name?) for the difference?  Otherwise, where would I enter the overflow for Box 1d?  Thanks!

I have stock sales > $10 million. TurboTax says, "Cannot exceed $9,999,999.99." Is there a workaround, or do I need to do a manual return?

I would create another 1099-B (containing exactly the same information with respect to the broker, tax ID numbers, account numbers, etc.) with the overflow.

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