- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
How to get an "N" code for adjusments to a 1099-B
I am a trustee with my father's trust and estate. Due to some timing issues after his death, the broker sent a TY 2025 1099-B for transactions to my father's SSN and not the estate. I have completed what should be the hard part and re-issued the 1099-B to the estate through the IRS. But, the 2025 TurboTax software won't let me make the adjustment correctly for my father's final return. The only way I can find to make the adjustment is through the "I know my actual cost basis and need to make an adjustment" selection. This will let me adjust the sale to the correct $0 impact, but it defaults to the "B" code instead of the "N" code. I can't figure out how to change this to get the right code. Even in Forms it won't let me make any edits. Any guidance?