1099-B Worksheet CHECK THIS ENTRY: Sales Price is not within the prescribed upper or lower limits

[LinaJ2020]

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1099-B negative

A Form 1099-B is issued to report the proceeds from your stocks and bonds transactions.  The transactions will generate either a long term or short term capital gain or loss depends on how long the stocks are being held.  The amount will be reported on line 7 of your Form 1040 along with a Schedule D and Form 8949. 

[Orchardtiger]

This is exactly what I am dealing with. I have been selling credit put spreads. But when you click the expired box the line 1d disappears making it look like you never gained from the options that were STO

[Orchardtiger]

This doesn't work because when you select option expired TurboTax removes the proceed line (line 1d) and reports it as a zero. 

[dumrinda]

@Orchardtiger how are you handling the expired option? There is another thread https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/question-on-reporting...

[DavidD66]

@Orchardtiger Instead of using "Expired", enter the date of expiration as the date you "sold"/closed the position.