Tim is trying to pass the buck to TurboTax. Come on do you buy that? I don't, whenever you make money you have to report it. I am quite certain the situation Tim was in is so uncommon as to be one of the questions TurboTax asks about. Come on Tim do a little research. I sold some stocks a number of years ago and had to do some independent research on how to report the purchases and sales. I figured it out and dealt with it.
What is somewhat disconcerting on my part is this guy is a wizard of smart and is supposed to know all about getting us out of our current economic problems. Count me as skeptical and I urge he NOT be confirmed.