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New Member
posted Apr 14, 2024 8:19:03 AM

"needs review" on multiple stock option transactions

I imported all my tax documents from Robinhood and I see individual transactions were imported. 

 

When calculating options gains/losses, Robinhood just put the $ amount gained/lost instead of the actual cost basis  for each option trade. 

 

Since the gains/losses are correct, do I need to individually correct it? 

It says it "needs review" as cost basis for all these transactions are zero. 

 

 

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1 Replies
Expert Alumni
Apr 14, 2024 9:37:48 AM

You can delete these 'needs review' transactions, and enter a Summary line for them.

 

Here's instructions on How to Fix Multiple 'Needs Review' Transactions.