GeorgeM777
Expert Alumni

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

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