Question

1099-K software bug - Personal items sold for a loss option

Forum|Forum|1 year ago
April 15, 2025
1 reply
0 views

I called TurboTax. They refuse to acknowledge a software bug after reporting 1099-K (personal items) with 'all items sold for a loss' selection. TurboTax is looping me during federal smart check asking to review correctly filled out 1099-K form.

TurboTax Premier Online

J

JamesG1

You are reporting an IRS form 1099-B and personal item sales and reporting that all of the items were sold at a loss or had no gain.

Consider removing the IRS form 1099-B and re-entering as Other at the screen Which type of income is your 1099-K for?

At the screen Let's get the info from your 1099-K, select This amount in box 1a is too high or includes some personal transactions. Enter the amount in box 1a.

The amount is reported at the top of Schedule 1.