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Just enter a minus sign in front of the number (-5000). However, some fields will not take a negative entry.
My turbo tax agent was great
How to key a negative amount in TurboTax?
As suggested above, you can often enter a minus sign before a figure, such as -500, to reflect a negative amount.
However, not all fields in TurboTax will accept negative entries.
If a negative amount is not accepted in the spot you want in TurboTax, please provide more information:
schedule c "other income" won't accept a negative number. is there a work around
Why do you need a negative number?
loss from trading business
A self-employment activity may report a loss but the loss is computed by reporting expenses that exceed income. You are not allowed to report a negative income item. However, you may report a refund of income received.
To add a self-employment expense, follow these steps:
I am trying to enter a negative number for box 135 of the T5013 data entry pages
@Dar77rell wrote:
I am trying to enter a negative number for box 135 of the T5013 data entry pages
This is the TurboTax US user community website.
Go to this TurboTax Canada website for assistance with a Canadian tax return or the TurboTax Canada editions - https://turbotax.community.intuit.ca/turbotax-support/en-ca
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