turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Why do my put options say "Date acquired cannot be after date sold"?

I sold to open GLW puts on 11/06/2020,  I bought to close these same puts on 11/11/2020.  Turbotax says "Date acquired cannot be after date sold"
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies
DaveF1006
Expert Alumni

Why do my put options say "Date acquired cannot be after date sold"?

it depends. Change the date from 11/11/2020 to 11/06/2020.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Why do my put options say "Date acquired cannot be after date sold"?

You are acquiring a security to close your short position.

That happens on the date you close the trade.

The security purchased, an option,  settles one business day later. That is the Date Disposed.

 

The day you entered into the short sale is irrelevant.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question