topic I somehow entered a stock sale - Now I have a capital gain that I cannot remove. How can I cancel it in Investors & landlords

I somehow entered a stock sale - Now I have a capital gain that I cannot remove. How can I cancel it

sbaker543 — Mon, 03 Jun 2019 17:45:22 GMT

To remove a stock sale that you entered by error in Turbo...

Leonard — Tue, 10 Mar 2020 20:28:13 GMT

To remove a stock sale that you entered by error in TurboTax Deluxe follow these steps.

With TurboTax open Wages & Income.
Scroll down to Investment Income select 1099-B or Broker Statements click visit all/update
On the page here's the investment sales info we have so far Click on delete for the stock sale that you want to cancel.
Click yes when you are asked Are you sure you want to remove this Form 1099-DIV.

[Edited 03/10/2020 | 1:27 pm PDT]

Re: I somehow entered a stock sale - Now I have a capital gain that I cannot remove. How can I cancel it

Bigguy45 — Tue, 23 Feb 2021 06:35:03 GMT

VIP I-Pad users - you must move the page to the right to see the Trash Can, allowing you to delete a stock sale.

Re: To remove a stock sale that you entered by error in Turbo...

jeroneanderson — Thu, 08 Feb 2024 22:54:04 GMT

Where is the delete button? I only see buttons for "Add more sales" and "continue". It says "needs review" for a line item that is zero but clicking continue simply exits the investment sales summary and does not take me to a screen to remove the line item or review it.

Re: To remove a stock sale that you entered by error in Turbo...

Vanessa A — Fri, 09 Feb 2024 00:56:04 GMT

There should be either a delete button or a trash can next to where it says review. If not, you can go to Tools>>Tax Tools>>Delete a form and then delete the form 1099-B for that sale.