- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
No. The acquired date has to be before the sold date. The dates need to be the opening date for "acquired" and the expiration date for "sold" or there will be issues with TurboTax. The important thing is to make sure the transaction is classified as short-term.
IRS says: Enter "Expired" in 8949 column e) cost, but Turbo Tax won't let you do that directly so you have to go through the "Add More Details" screen and select "Expired". Last I tried, this had no effect either.
I add "Expired" in the description.
‎February 26, 2022
10:07 AM