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New Member
posted Feb 5, 2024 12:40:08 PM

Automatic Import of 1099-B is requiring review of all options sold short

I short sold many puts but the software is requiring a manual review of all of them. Furthermore, attempting to complete the review doesn't give a choice for short-selling options. There is a drop-down choice called "Options", but it then requires me to specify whether I bought the option or acquired it in a divorce. Neither are true. Additionally, specifying that the option expired voids the proceeds. This should only happen if I bought a put since selling a put will always generate income that doesn't go away when the short put expires.

 

In short, the software doesn't seem to understand what's happened. What can I do to fix this?

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Expert Alumni
Feb 12, 2024 12:45:40 PM

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