I downloaded the consolidated 1099 from E*Trade/Morgan Stanley today into my 2023 TurboTax Premier. It asks me to review all my cover called to confirm the cost basis is zero as listed on the 1099-B hardcopy. That is quite a bit of work. Why am I asked to confirm the cost basis? Isn't zero correct for a cover call?
Today was the first day the download from E*Trade was available.
