Sales of Residence at a Loss

[Diane]

How do you get the sale of the personal residence to show up on Schedule D as a non-deductible personal loss? Client received a 1099S for $341,600. I input the info on Schedule D under Sale of Personal Residence worksheet. But, as far as I can see it's not showing up on the Schedule D.

Diane

[kcjenkins]

There is a box on that worksheet for you to check if you want it to show up. It's the fourth box down.

[Diane]

My problem is it's a loss and not deductible. But I need to show that on Schedule D so there will be no questions from IRS about the 1099 that is showing gross proceeds of $341,000. I checked the box 'fully report excluded gain' and it's not showing up on the Schedule D form; probably, because it's a loss. What else am I missing?

Diane

[Diane]

It finally showed up on the Schedule D. Last night when I input the info on the Input tab, it did not show up anywhere. Either that or I'm too tired. This morning I deleted the entry, then reentered and - there it was. Thanks for the help.

Diane