The IRS Form 1099-B from lists a negative sale price on the sale of an option. How should this be entered on Form 8949 In LaCerte?
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Enter the negative as a sales price (as a negative) and scroll down to "1=purchased option expired, 2=written option expired" and enter a 2
I think this will accomplish the result you are looking for (I assume there is no cost basis shown)
In ProConnect how can one enter a negative sales price? This is specifically for call options.
How about zero sales price and enter a basis. Also click the Schedule D tab in the upper section and Scroll down to just above the 2nd check box and find 1= purchased option expired.
For the reverse to happen enter sales price with no expense and enter a 2= written option expired.
Play with it and see what the 8949 looks like.
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