If TurboTax can import dividends and stock sell information from 1099 B issued by broker ( E Trade in my case), why doesn’t it extract section 1256 information for option contracts as well ?
I was disappointed to see that even after paying 70 dollars, I had to manually figure out where and how to enter box 11 information.
2019 was my first year doing options trading and I incurred losses. Had I not realized TurboTax’s inability to extract 1256, I would not have been able to deduct losses.