Why did Turbotax say that I made profit when I actually lost money?
Why did Turbotax say that I made profit when I actually lost money?
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External question — Personal Finance Stack Exchange
Author: slllllllls
Original post: https://money.stackexchange.com/questions/137495
License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/
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This is the 1099 that I got from my broker. According to them, I lost about $9178
However, when I imported that 1099 file into Turbotax, it said that I actually earned $2562.
This is very confusing. I don't know if I actually made money from trading stock or if I lost money.
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