nolanm
Level 4

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

0 Cheers