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Get your taxes done using TurboTax
I believe the reason for this is that when you sell a stock that you bought before the IRS required brokerages to report basis, it shows up in a different place than sales of stocks you bought more recently. However, your brokerage company has the information, so they put in the cost basis, even though it was not reported previously. I hope this helps.
‎April 4, 2023
12:11 PM