1099b short-term stock losses:> proceeds $13,000,000 & cost >$14,000,000; the system says the number is too large & doesn't accept it. How do I do to enter these amounts?

[eaquafarm]

On may 1099b short-term stock Options LOSSES: gross proceeds >$13,000,000 & cost  basis >$14,000,000 (wash sale loss disallowed >$1,460,000); I had a realized loss of $133,000. Turbo tax system says the first 2 numbers are too large and it doesn't accept/ allow entering these values. I am stuck.... How do I do to enter these amounts, because they are actual and were sent to the IRS ?  My institution, Options House is not listed and I can not import the data, I have to enter manually. 

PLEASE help. This is a 2016 Tax 1040 and as I am in S. Florida and was badly hurt by the Hurricanes in 2017, the IRS extended the time to file till end of December now.  I have to rush it out to the IRS in paper, by mail.

Thank-you kindly

[fanfare · Accepted solution]

Get schedule D and Form 8949 in fillable PDF form from the IRS at www.irs.gov and prepare them by hand.

Enter your numbers into TurboTax modulo 1,000,000 and confirm your short term loss amount; the tax due result will be correct.

Discard the stock related forms with tiny numbers produced by TurboTax and insert your own forms.

You are already filing on paper anyway. 

[eaquafarm]

great my friend....THANK YOU KINDLY... you saved my "skin"...Merry Christmas

[Opus 17]

Turbotax simply won't handle any number of 8 digits or more ($10,000,000 and up).   It's a design choice by the company.  You will need to use another service or see a professional tax preparer.  

[eaquafarm]

THANK-YOU KINDLY !