- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Yes, it appears you need to make an adjustment to the basis that was initially reported. B is the correct code if the basis reflected on your Form 1099-B--box 1e is incorrect.
It appears you are trying to show, through the adjustment entered in columns (f) and (g), that your basis and gross proceeds are the same so that there is no gain or loss. In that case, code B appears to be the correct code.
@justquinn16
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎January 24, 2023
3:13 PM