Skip to main content
TurboTax
Community
TurboTax
Community
TurboTax
Community
W
windstars21
February 13, 2024
Question

Purchased FRCB stock in 2023. I was trying to sell my remaining stock & kept getting an error message. I resolved issue & sold today. Any way to take a loss on 2023 taxes

  • February 13, 2024
  • 1 reply
  • 0 views
I was using Fidelity and have been trying to sell.  I finally spoke to someone and they helped me set up the sale.  Sold and now trying to find out if any way to write off the loss in 2023 taxes

1 reply

Rick19744
Rick19744
Employee
February 13, 2024

There are no provisions to allow for that transaction to be considered a 2023 sale.

Additionally, this transaction will not be reported on a Fidelity 1099-B until 2024 tax documents are released.

*A reminder that posts in a forum such as this do not constitute tax advice.Also keep in mind the date of replies, as tax law changes.
TurboTax Sign In Widget
TurboTax flag icon

Unlock tailored help options in your account

Create an account
TurboTax Expert Assist
TurboTax Expert

Get answers to all your tax questions

Our experts are available on-demand, no appointment needed. Get help all year long with TurboTax Expert Assist.

Terms & ConditionsAccessibility statement
Intuit
TurboTax Credit Karma QuickBooks MailChimp

©1997-2022 Intuit, Inc. All rights reserved.
Intuit, QuickBooks, QB, TurboTax, ProConnect, and Mint are registered trademarks
of Intuit Inc. Terms and conditions, features, support, pricing, and service options
subject to change without notice.

Security Certification of the TurboTax Online application has been performed by
C-Level Security.

By accessing and using this page you agree to the Terms of Use.

Accessibility

TRUSTe nResult Certified e-File C-Level Security Certification