I did that but it did not calculate correctly.
- Enter total proceeds, total cost is $0, select I need to adjust my total cost basis.
- Enter the correct adjustment (not the cost basis) in the Total adjustments to gain.
- Select code B (cost basis incorrect on form).
^this is where the mess up happened. I put my cost basis as 0 and selected "I need to adjust my total cost basis" If i'm not putting my cost basis there I assumed I put my "net loss" which I did. But it still calculated it as a 0 cost basis minus the net loss. When I put my actual cost basis in that line it had the correct net loss so I am confused by your instructions.
