Net Short-term Capital Gain (Loss)

[Rawan]

How to adjust 2022 baseline for "Net Short-term Capital gain (Loss)" It's supposed to show the total of the 3 lines above, I tried to zero out all lines and checked all other entries in the return too

[George4Tacks · Accepted solution]

Welcome to the wonderful of zero really being nothing. If you want a zero use -1 (negative one). This is a somewhat weird attribute of Lacerte and ProConnect Tax to distinguish a blank from what you truly want to be a zero.

[Rawan]

Wonderful! Thank you.

[Intuit_KevinF]

An input of -1 cannot be used in the Intuit Tax Advisor program to zero out a calculated field like you can in the Lacerte program. 

When you want to adjust an amount out that you cannot find an offsetting input field it is recommended that you access the Pre-strategy baseline screen, Other Income section and enter a positive or negative offsetting amount in the Taxpayer and/or Spouse Other Income Subject and/or Not Subject to SE tax field.  

An input here will allow the overall adjustment.