1099k for casual sale less than basis

[John L]

client receives 1099k $1400 casual sales of personal items sold for less than cost

should i even bother to enter it in proseries? If so what is the best method to do so

[Just-Lisa-Now- · Accepted solution]

I put them on Sch D, sale of personal property and wash it out with matching basis.

Personal losses arent deductible, so I guess you could input the actual basis then code it as L for personal loss and it would adjust the loss out for you.