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joshcar93
New Member

When answering the questions at the beginning I said I had sold stocks, mutual funds, bonds or other but I have not. Now Turbotax will not let me file without upgrading.

when answering the questions at the beginning I said I had sold stocks, mutual funds, bonds or other but I have not. Now Turbotax will not let me file without upgrading. Please help.
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HelenC12
Expert Alumni

When answering the questions at the beginning I said I had sold stocks, mutual funds, bonds or other but I have not. Now Turbotax will not let me file without upgrading.

If you indicated that you have a 1099-B form, delete the erroneous form:   

  • If you're using TurboTax Online software and need to delete a form, click here.
  • If you're using TurboTax CD\Download software and need to delete a form, click here

If you did have stock trades on a 1099-B form, your total capital gains for the year minus your total capital losses result in a net gain or a net loss.

  • You can deduct a net loss of up to $3,000 ($1,500 if married filing separately). Any capital loss you couldn't deduct this year can be carried forward and deducted on future tax returns as a capital loss carryover.
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