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1099 B Cost Basis and Procedure
I had 100 shares of AABA (previously YHOO), on 09/23/19, the company issued a cash liquidation of $5150. The broker reported a wrong "Date Acquired" in Box 1b, and used a wrong original cost basis of $1359 to report a proceed of $3791 (= 5150 - 1359) in Box 1d, with a cost basis of 0 (1e). My actual original basis was $7180. Should I change the procedure to -2030 ( = 5150-7180), or change the cost basis from 0 to 5821 ( = 7180 - 1359). Thanks a lot.
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‎April 1, 2020
8:30 AM