GES3
Level 2

Investors & landlords

Thank you for the reply. Unfortunately, I have an item that has an accrued market discount exception, so I can't summarize without having to mail in a form. 

 

Turbo Tax has always had trouble with expired options, but in previous years, you could work around it with a manual override. This year they have removed the ability to manually type "Expired" into the amount (proceeds or cost-basis) fields, which the IRS instructions say to do for expired options. Can Turbo Tax fix this expired option issue in a software update or offer a work-around? This seems like a loss of capability from previous years, and it should be an included feature in the PREMIER product marketed "for investors"