Investors & landlords

CollenD3

 

Other forums are saying that this is a Turbo Tax error that has occurred in previously years. Can you share where you saw “ Starting from 2020, IRS will reject (no longer allow) negative proceeds....“. My situation is I first sold naked puts and bought it back later for a loss (paid more than what I initial sold it for). TD Ameritrade is showing a zero cost basis and a negative proceeds. No problem for previous years. Thanks much if you could elaborate