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1099-B with no cost basis
On form 8949 if I check Box B on Part 1 and I use Code B in column (f) - do I put the cost basis is column (g)? Turbo Tax Premier is not allowing me to do this. Per instructions from Deloitte this is correct.
If I read IRS instructions for form 8949 it shows this for Code B: You received a Form 1099-B (or substitute statement) and the basis shown in box 1e is incorrect
Do: If this transaction is reported on a Part I with box B checked at the top or if this transaction is reported on a Part II with box E checked at the top, enter the correct basis in column (e), and enter -0- in column (g).
is column (e) or (g) correct?
March 7, 2023
7:31 PM