Skip to main content
TurboTax
Community
TurboTax
Community
TurboTax
Community
T
timosky
May 17, 2021
Question

Massachusetts ScheduleB/D Capital Gains/Losses Worksheet "Gross Sales Price shouldn't be less than zero"

  • May 17, 2021
  • 1 reply
  • 0 views

I am using TurboTax Home & Business 2020 on Mac OSX. I have some option transactions which has negative gross sales price and 0 for "cost or other Basis plus expenses".  This caused the smart check error and I cannot e-file MA tax. The values are transferred from federal and cannot be modified in MA's worksheet. Now I've transmitted my federal tax form, but the MA e-file is stuck here. Any ideas about how to solve it?

    1 reply

    R
    rpandia
    May 17, 2021

    To resolve this error,  I did the following:

    1. Check the value where this error is being reported

    2. Now, go to the Income section and look at the stock sales

    3. Locate the value and the trade

    4. Reverse the fields: Gross proceeds to Cost price

    5. Save and then run "error check" again

     

    You should be able to solve the error 

    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