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Get your taxes done using TurboTax
The form 1099B is notorious for not showing Cost Basis. You can manually enter the basis for the crypto.
The 1099-B should list the basis.
Cost or adjusted Basis means what your beginning value was.
If you purchased the crypto, it would be what you paid for it (COST)
If you inherited it, it would be the value of the crypto on the day you inherited it.
There are times when the broker doesn't have records of that, in which case you would need to provide that information.
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March 19, 2021
9:59 AM