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I have hundreds of option trades zero cist basis. How can I avoid the review process?

I have hundreds of option trades and lots of them expired.  The expired put option did not occur any cost and the cost basis is thus zero,  But I have been asked by Turbotax to review each of them even though the answer will be the same.  How can I give just one answer to save hours of typing?  Thank yo0u for your help.
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4 Replies

I have hundreds of option trades zero cist basis. How can I avoid the review process?

a resourceful user reported previously that you can ignore those warning and proceed to the FILE step.

If no other issues, your return will go through.

ErnieS0
Expert Alumni

I have hundreds of option trades zero cist basis. How can I avoid the review process?

You can delete all your individual transactions and enter summaries instead. TurboTax will ask whether you want to "Enter sales section totals" or "Enter sales one by one."

 

Choose section totals. You will have to send the IRS a copy of your brokerage information showing the transaction totals.

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I have hundreds of option trades zero cist basis. How can I avoid the review process?

Thank you.  I'll try to ignore the review request to see if I can go through to the filing stage.

I have hundreds of option trades zero cist basis. How can I avoid the review process?

The data were auto-uploaded and I do not want to manually enter the summary section.

Thank you for your suggestion.

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