I am having a similar issue with my 1099-B which is a result of the acquisition of a private company for which I had some shares, by another private company. This is "noncovered" sale and they would not determine what the cost basis is. I know what the cost basis is and I can enter that (hopefully TT let me enter that manually) to the screen corresponding to the form 8949.
But the 1099-B entry screen keep telling me it "NEEDS REVIEW". TT isn't happy that the box 1e (Cost or other basis) is left blank because it is blank on the paper form, even though I checked the checkbox "The cost basis is incorrect or missing on my 1099‑B".
Isn't this simply a bug? If I ignore "NEED REVIEW" warning, will TT proceed further? Or will it insist that I fix this "error" ? Is TT requiring us to enter inaccurate information here in order to proceed?
