The Description in Box 1a for Capital Gains is incomplete. I sold numerous Covered Call Option that are now appearing as needing review and I am trying to reconcile them

For example, on 6/3/22, I sold One (1) Covered Call on AAPL with a strike price of 143 with an expiry date of 06/17/22. That description appears as "CALL (AAPL) INC JUNE 03 22 1" which could be one of many that begin with that description. I have over 120 of these to "Review". Does anyone have experience with how to improve the reconciliation of these types of transactions?

439

Level 15

Mar 22, 2023 8:57:05 AM

there's not much you can do since that's what's in the file that you import

if these are all type A or D - no wash sales you can enter the totals for each type in specific boxes in the Turbotax Schedule D form - no details needed. or just totals on form 8949 and submit the broker's report and form 8453 to the iRS by mail read the 8453 instructions

Why sign in to the Community?

The Description in Box 1a for Capital Gains is incomplete. I sold numerous Covered Call Option that are now appearing as needing review and I am trying to reconcile them