suitlaw8
New Member

Turbotax states "needs review" on some transactions in my 1099-B. I have reviewed them and answered all questions, but Turbotax still says "needs review" How to proceed?

The transaction is an 'unknown term basis not reported to IRS'. My 1099B gave no cost basis but gave me a cost basis factor which I used to calculate the tax basis and fill it in. I think I've completed all the forms/questions completely ... how do I determine what Turbotax is complaining about so I can resolve it?