JohnB5677
Expert Alumni

After you file

If you sold a put short, you received a premium up front.  This is your proceeds, (not a negative cost basis).  If the option expires, the cost basis is zero.  If you bought the option back.  The purchase price of the option at the time would be the Cost Basis. 

 

TurboTax uses the logic of money received is income, money for purchases is cost basis.

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