@buzhidaoist Then TT allows you to enter an adjustment code and change the basis. The only difference is that both the old and new basis are shown.
There's undoubtedly a way to do it in the interview process, but in Forms mode, go to the 1099-B with the incorrect transaction. Double-click on the 'Description' (or click on any of the magnifying glass icons that show up when you click on any field) and a "Capital Gain (Loss) Adjustments Worksheet" opens up. In part III, Specific Adjustments, check the first box (1099-B reports and incorrect basis) and enter the right number.
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**Note also, I'm not a Tax Preparer/CPA. Just a volunteer, seasoned, TurboTax user.
Use any advice accordingly!
