- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
Manually enter 1099B defeats the very useful feature of Turbotax to be able to download form from your broker.
I have around 50 short puts sales and only around 10 of them have negative numbers.
Why should I enter all entries if only some of them Turbotax doesn't like?
This is IRS requirements and Turbotax must follow them. Program must be corrected immediately.
By the way 2019 Turbotax didn't have this problem.
Another issue with download short options sales is user will have to manually type zero in cost basis box even though zero was received from the broker already.
‎February 14, 2021
10:07 AM