Question

Why does the adjustment/gain/loss show a negative amount on my 1099B review? I did not lose money selling stock

Forum|Forum|5 years ago
February 28, 2021
1 reply
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I have 2 different line items for Box D and Box A -

TurboTax Live Premier Online

You would typically show a loss form entering a form 1099-B if the cost basis was more than the proceeds. I suggest you go back through the entry and make sure you entered the proceeds and cost basis correctly.

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fanfare

Employee

brokers are putting negative numbers where they are not allowed, then claiming the IRS made them do it.

only the gain column can be negative (that would be a loss).

wash sale adjustment is always positive. and so is the money involved. cost and proceeds.

Why does the adjustment/gain/loss show a negative amount on my 1099B review? I did not lose money selling stock

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