You'll need to sign in or create an account to connect with an expert.
Turbotax does not have that election. so you have to provide the info mentioned in pub 550 and attach it to your return which will require filling by mail
Thank you for your response. Doesn't make sense to me that turbotax doesn't make that election available and frustrating to have to paper file instead of efiling. Investment support was the reason why I purchased turbotax premier. Is there anything in the help section of turbotax that would indicate this? I have spent a lot of time researching this before I made it to the turbotax community.
Here is where you find this information: Are there any personal (individual) tax situations or calculations that TurboTax doesn't handle?
This specific issue is the first item listed.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
Ohana-11
New Member
Strums55129
New Member
MythSaraLee
Level 1
sciencemagic
Level 2
HelpfulKC
Level 1
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.