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nfelus17
New Member

On my etrade 1099-b form, how to i enter a loss. do i put a negative sign in front of the amount

 
3 Replies
DianeW
Expert Alumni

On my etrade 1099-b form, how to i enter a loss. do i put a negative sign in front of the amount

Yes, if you are entering the net result you can use a negative sign in the proceeds box with a zero purchase price.

Keep all your statements with your tax records for future use should you need them for detail.

canuck97
Level 4

On my etrade 1099-b form, how to i enter a loss. do i put a negative sign in front of the amount

But turbo tax will not let you enter a negative number for proceeds in box 1d

DianeC958
Expert Alumni

On my etrade 1099-b form, how to i enter a loss. do i put a negative sign in front of the amount

If you enter proceeds as $0 and then an amount for the cost you will have a negative amount for the overall gain/loss.

 

@canuck97

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