How do I adjust cost basis on a 1099b if it was reported incorrectly?

[dmcoile]

I am executor for my mother's estate.  I sold stock held by Scottrade.  The 1099b that I received from Scottrade reported my mother's cost basis, rather than cost basis adjusted for her date of death.  How do I fix this?

[fanfare · Accepted solution]

If you inherited stock and sold it from your account,

Edit the transaction.

Look for the box labelled  "Corrected cost basis".

Be sure to also check the "inherited"  checkbox.

[dmcoile]

Thank you. This got me on the right track. I ended up calling Scottrade and they revised the 1099b, which really solved the problem.