TurboTax won't let my file 2020 taxers for free saying I have Incentive Stock Options. I bought them in 2019 not 2020...is there something I need to report in 2020?

I did not buy any options in 2020...unsure why TurboTax cannot do simple return.

posted

reambrie,

I strongly suspect you may have checked a box saying you had ISO transactions in 2020. So a couple of questions:

(1) Did you automatically import any transactions from the company holding the ISO stock?

(2) Even though you did not exercise any ISO in 2020, did you sell any ISO stock in 2020?

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