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April 8, 2025
Question

I have "Box 7: Loss is not allowed based on amount in 1d" checked on my 1099-B. But i dont see option to enter in turbotax online edition. Is it required?

  • April 8, 2025
  • 1 reply
  • 0 views
Can i claim the loss if it is checked?

    1 reply

    April 18, 2025

    It sounds like you may have a wash sale loss?  There should be a code there that explains why the loss is disallowed.  Please check your 1099-B and see if it gives any more explanation for why the loss is disallowed?

     

    @mahe-thina 

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