turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

deb204
New Member

I sold stock at a loss do I have to report it?

I received a 1099-B form showing a loss do I pay extra in filing fees to show I lost money?
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
AamilD
Expert Alumni

I sold stock at a loss do I have to report it?

Yes, this is because IRS tries to match all the documents which you entered against the documents they received for you. Your brokerage would have send the IRS a copy of your 1099B and when they see that you have not entered it, a mismatch can occur causing delays.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies