https://ttlc.intuit.com/community/taxes/discussion/option-trade-reporting/01/1874290#M670573 <P>TurboTax 2020 gives an error message for an options trade that results in a loss. The brokerage 1099B form reports it with a proceed which is negative (the loss) while the basis is zero. Last year's TurboTax had no problem with this. However, Turbotax 2020 does not accept a negative amount in the proceeds box; it claims that it has to be a positive number. When will this be corrected?</P> Thu, 04 Feb 2021 20:13:41 GMT vpeppen 2021-02-04T20:13:41Z https://ttlc.intuit.com/community/taxes/discussion/option-trade-reporting/01/1874290#M670573 <P>TurboTax 2020 gives an error message for an options trade that results in a loss. The brokerage 1099B form reports it with a proceed which is negative (the loss) while the basis is zero. Last year's TurboTax had no problem with this. However, Turbotax 2020 does not accept a negative amount in the proceeds box; it claims that it has to be a positive number. When will this be corrected?</P> Thu, 04 Feb 2021 20:13:41 GMT https://ttlc.intuit.com/community/taxes/discussion/option-trade-reporting/01/1874290#M670573 vpeppen 2021-02-04T20:13:41Z https://ttlc.intuit.com/community/taxes/discussion/re-option-trade-reporting/01/1880455#M672363 <P>It would be best for you to follow the instructions <A href="https://ttlc.intuit.com/community/using-turbotax/help/what-is-the-turbotax-phone-number/00/25632" target="_blank">here </A>to contact customer service.&nbsp;</P> Sat, 06 Feb 2021 01:55:43 GMT https://ttlc.intuit.com/community/taxes/discussion/re-option-trade-reporting/01/1880455#M672363 CarissaM 2021-02-06T01:55:43Z