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Investors & landlords
@earnandenjoy @I'm also in the same category and facing the same issue for the expired CALL/PUT options.
- What type of investment did you sell?
- I answered "Option"
- How did you receive this investment?
- I answered "I purchased it"
- Sold or expired?
- I answered "Expired"
When I answer 3) question as Expired, TurboTax hides the proceeds. This is incorrect and reduces my tax liability.
My alternative solution is
- Append (Option expired) to default description
- Answer 3) question as "Sold"
I know the above is not the correct situation. However, at least I'm reporting the amount correctly. does anyone has seen the issue and is this alternative valid?
‎April 8, 2021
10:55 PM