topic Schedule D Entering Expired Stock Options in Get your taxes done using TurboTax

Schedule D Entering Expired Stock Options

djschaff — Sun, 29 Sep 2019 19:18:27 GMT

I bought options on 4 lots of 50 shares each on 4 different dates in the same year (2013). They expired worthless in 2018. According to TurboTax, a contract is 100 shares. I tried entering 0.5 in the # of Contracts box, but it rounds up to 1 for each of the 4 lots. How can I resolve this and enter it correctly in Turbotax? Also, the math is slightly off to calculate the total loss

Re: Schedule D Entering Expired Stock Options

Anonymous — Sun, 29 Sep 2019 19:41:10 GMT

on form 1099-B worksheet you only need complete lines 1 and 4-7 no need to enter anything else.

do not use the multiple lots worksheet or whatever worksheet you are using

and what worksheet are you using because i don't see number of contracts on any related to schedule D.

Re: Schedule D Entering Expired Stock Options

djschaff — Sun, 29 Sep 2019 20:30:57 GMT

Thank you. I got the info entered into Schedule D.