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UTMA Gains Adjustment Code N
I am filing for my grandson who has a UTMA account.
I downloaded the 1099 from Etrade.
Turbotax is showing "adjustment code N" on all the trades, as shown on the 1099B worksheet. I think this is incorrect.
Should I override the N, or put in zero as the adjustment amount, or do something else?
Thanks
PS the 1099 document itself does not show an adjustment code so I wonder if this is a bug?
‎February 17, 2024
6:44 AM