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Get your taxes done using TurboTax
@DavidD66 thank you for your response! I also ran into the same issue when I did not select "The cost basis is incorrect...", I tried it both ways (box checked and unchecked - same issue).
The gains and losses spreadsheet has several columns, including Acquisition Cost, Ordinary Income Recognized, and Adjusted Cost Basis. When entering the information into turbotax, I'm first prompted with field "Box 1e - Cost or other basis". I had been entering the "Acquisition Cost" from the gains and losses spreadsheet into that field. On the next page in turbotax, I am prompted to enter my "Adjusted cost basis", so I'd been entering that information from the spreadsheet into that field.
Is your suggestion to just enter "Adjusted Cost Basis" (from the spreadsheet) into the turbotax "Box 1e - Cost or other basis" field? And then not bother with the "Acquisition Cost" column from the spreadsheet, or the turbotax "Adjusted cost basis" field?
Thanks again for your help and expertise!