I am able to report a long-term disallowed loss with code L in column f on IRS form 8949. I enter a manual IRS form 1099-B and select Personal items under What type of investment did you sell? I reported a loss and long-term sale information.
In TurboTax Online Premium, follow these steps:
- Down the left side of the screen, click Federal.
- Down the left side of the screen, click Wages & Income.
- Scroll down to Investments and Savings and click the down arrow to the right.
- Click Start / Revisit to the right of Stocks, Cryptocurrency, Mutual Funds, Bonds, Other.
- Click Add investments.
- At the screen Save time and connect your financial accounts, click Enter a different way.
- At the screen How do you want to add your docs?, click Type it in myself.
- At the screen OK, let’s start with one investment type, select Other. Continue.
- At the screen Tell us more about this sale, enter the information. Click Continue.
- At the screen Now enter one sales total on this 1099-B, enter information. Click Continue.
- Repeat as necessary by clicking Add another sale. Click Continue.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
