I have "Box 7: Loss is not allowed based on amount in 1d" checked on my 1099-B. But i dont see option to enter in turbotax online edition. Is it required?

Can i claim the loss if it is checked?

posted

It sounds like you may have a wash sale loss? There should be a code there that explains why the loss is disallowed. Please check your 1099-B and see if it gives any more explanation for why the loss is disallowed?

@mahe-thina

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I have "Box 7: Loss is not allowed based on amount in 1d" checked on my 1099-B. But i dont see option to enter in turbotax online edition. Is it required?

I have "Box 7: Loss is not allowed based on amount in 1d" checked on my 1099-B. But i dont see option to enter in turbotax online edition. Is it required?

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Do you have a TurboTax Online account?

I have "Box 7: Loss is not allowed based on amount in 1d" checked on my 1099-B. But i dont see option to enter in turbotax online edition. Is it required?

Do you have an Intuit account?

I have "Box 7: Loss is not allowed based on amount in 1d" checked on my 1099-B. But i dont see option to enter in turbotax online edition. Is it required?

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