How can I bypass this? I have options trades with $0 cost basis (I sold options & they expired worthless). Do I have to enter the cost basis for each transaction?
I sold put options which expired worthless ($0 cost basis). Turbotax wants me to enter the $0 cost basis for each of these transactions. There are over 200 transactions. Is there a way to avoid this?
02658
2 Replies
fanfare
Level 15
Mar 24, 2024 7:10:56 PM
Just keep going. You should find that the warnings are just that -- warnings.
tony_marinucci-y
New Member
Mar 27, 2024 7:58:04 AM
Unfortunately, it wasn't just a warning. We ended up manually entering the cost basis for each of about 230 transactions. We also raised the issue with Morgan Stanley, who recently acquired E*Trade and that's where the problem began.