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Deductions & credits
If you send TurboTax a 1099 that shows you sold before you bought back (options, in this case), a totally normal and frequently done strategy (not expired or executed, just bought back), TurboTax just can't figure it out.
TT call it an error, and wants you to change the dates so that sale happens after purchase, even though that's the opposite of what happens.
Yes, the IRS and the markets get this right. TurboTax, on the other hand, doesn't allow you to report it correctly.
‎July 12, 2023
3:01 AM