nolanm
Level 4
03-26-2022
08:22 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Hi Terry
TP sold shares in LLC for a loss of $80k. MFJ.
I am trying to enter a 1044 loss. Followed your directions and entered the loss into section 4 as 1044 loss, but tells me this field should be blank. Entered into 1099-B, but cannot find a way to tag it as 1044 loss.
Also tried to enter into 4797, but I believe this is for business property.
Any guidance appreciated
Thanks Nolan