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February 21, 2020
Question

My stock total proceeds and cost basis number is too large to enter.

  • February 21, 2020
  • 1 reply
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I'm putting my stock sale transactions not individually, but as one entire summation as given by my broker on the 1099 form. I keep getting an error saying "The value is too large for this field. Enter a smaller number." I can't, it's the summation amount. How do I overcome this? It's too hard to enter each transaction and I can't break up into different chunks. It seems TurboTax only allows up to 7 digits.

1 reply

February 21, 2020

You can split it in to multiple transactions.  For instance, if your category A - Short Term transactions has a proceeds total of 21,300,000, enter it as three transactions with proceeds of 7,100,000.  Also adjust the cost basis in a similar manner.

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May 8, 2022

This is very stupid.  Why can't you just make it enough digit??