My wife inherited stocks Jan 2022 and we sold them Aug 2023 so it is a long term basis reports to the IRS.
We did receive some ordinary dividends so we have a 1099-DIV we are reporting.
We then sold the stocks. The document we have noting the sale of the stocks does note the Proceeds, Costs Basis, and Estimated long term gain.
We received a 1099-B, but "1e (Cost or other basis)" is blank.
In Turbo Tax, within "Box 1e - Cost or other basis" should I enter the value Costs Basis value even though the cost basis on the 1099-B is blank? As noted above, when we sold the stocks the cost basis was listed documenting the sale and the stocks were inherited.
Since the 1099-B "1e (Cost or other basis)" is blank but I do know the value, should I also checked "The cost basis is incorrect or missing on my 1099‑B?"
Thank you
Shawn
