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Get your taxes done using TurboTax
I was able to clear the entry. Hopefully, the tax return will transmit, as well.
In TurboTax Online, I manually entered an IRS form 1099-B transaction. Box 1e Cost or other basis is left blank with the box checked The cost basis is incorrect or missing on my 1099-B.
The Actual cost basis was entered at the screen We noticed there's an issue with your cost basis after selecting the box I know my cost basis and need to make an adjustment.
I select Review and arrive at the screen Take a moment to review these investments.
Select Continue and I receive a message that errors have been cleared. IRS form 8949 reports the correct entry.
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‎February 20, 2025
1:34 PM