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Level 2
posted Feb 16, 2020 4:35:33 PM

Trying to enter proceeds on form 1099b but getting error message Cannot exceed 9999999.99. my proceeds exceed 10m

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1 Replies
Level 15
Feb 16, 2020 4:41:18 PM

TurboTax does not handle amounts larger than $9,999,999.99. It's not designed for transactions of that magnitude. There is no way to enter proceeds of $10 million or more. You will not be able to use TurboTax to prepare your tax return.