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Level 1
March 30, 2022
Question

Critical Diagnostic: "A negative sales price and cost or other basis are not allowed for electronic filing." My client had an options sale, is there any way around this?

  • March 30, 2022
  • 1 reply
  • 5 views
The transaction had sales price -$65.02 , $0 cost basis and -$65.02 gain/loss.  Because of this one transaction on the Schedule D ProConnect says I can't e-file.
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1 reply

George4Tacks
Level 15
March 30, 2022

Enter sales price as -1 and cost as 65. 

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