I sold a covered call option and rebought it resulting in negative proceeds. However, I’m unable to efile this and H&R block is telling me to mail it. Is anyone else able to efile this?
Would it be ok if i just change proceeds to 0 and cost basis to the negative amount instead?
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What exactly is preventing you from efiling? That’s just a basic capital loss, so something else must be going on.
Is it a date issue? Income from selling options is recognized when the position is closed, so it you’re putting the wrong date the software may be unable to handle the “income” coming before the “cost.”
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