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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"
March 14, 2024
11:14 AM