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ISO buy and hold versus short term gain
I purchased ISOs, some of which were sold within the same year. These sales are accounted for under my 1099-B as uncovered short term capital gains. I also included these on the comprehensive list of ISO purchases on my Form 3921. Should these ISO purchases be removed from the "ISO buy and hold" entry? When I remove one of the ISO purchases from this section, it reduces my obligation, which leads me to believe that TurboTax is double-counting the purchase and the sale. Note: the proceeds of the sales are also listed on my W-2.
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‎February 26, 2024
10:37 PM