[{"data":1,"prerenderedAt":7},["ShallowReactive",2],{"faq-standard-1491":3},{"rec_id":4,"title":5,"text":6},"1491","What if I have expired options?","\u003Cb>Purchased Options\u003C/b>\u003Cbr>\r\nMenu Path: \u003Ci>Income > Common Income > Investments and Savings (1099-INT/DIV/B/DA)\u003C/i>\r\n\u003Cbr>\u003Cbr>\r\nIf you purchased an option that expired without being exercised, you'll need to go to the \u003Ci>Your Investment and Savings Accounts\u003C/i> screen and add an investment with the following: \u003Cbr>\r\n\u003Cul>\r\n\u003Cli>Choose stock as the type of investment.\u003C/li>\r\n\u003Cli>Enter the date acquired as the purchased date of the option.\u003C/li>\r\n\u003Cli>Enter the sold or disposed date as the date the option expired.\u003C/li>\r\n\u003Cli>Enter zero as the sales proceeds.\u003C/li>\r\n\u003Cli>Enter the cost basis as the amount you paid for the option.\u003C/li>\r\n\u003Cli>On the next screen, check the box indicating the option expired.\u003C/li>\r\n\u003C/ul>\r\n\r\n\u003Cb>Sold Options\u003C/b>\u003Cbr>\r\nMenu Path: \u003Ci>Income > Common Income > Investments and Savings (1099-INT/DIV/B/DA)\u003C/i>\r\n\u003Cbr>\u003Cbr>\r\nIf you sold (wrote or granted) an option that expired without being exercised, you'll need to go to the \u003Ci>Your Investment and Savings Accounts\u003C/i> screen and add an investment with the following:\u003Cbr>\r\n\u003Cul>\r\n\u003Cli>Choose stock as the type of investment.\u003C/li>\r\n\u003Cli>Enter the date acquired as the date the option expired. \u003C/li>\r\n\u003Cli>Enter the sold or disposed date as the date the option expired (same as acquired date). \u003C/li>\r\n\u003Cli>Enter the sales proceeds as the amount you received for selling the option. \u003C/li>\r\n\u003Cli>Enter zero as the cost basis. \u003C/li>\r\n\u003Cli>On the next screen, check the box indicating the option expired. \u003C/li>\r\n\u003C/ul>",1777391590534]