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Cost Basis
On on of my funds in my 1099-B, I show a "cost or other basis" with dashes. However, that is what Turbo Tax says I need more info on. How do I handle this? Thanks!
April 12, 2021
5:38 PM
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Get your taxes done using TurboTax
dashes mean the broker doesn't have the cost basis. you need to compute that yourself. if it was a sale of a fractional share with a low sales price, the easiest thing to do is enter the cost as $0 or as the sales price or any number in between. anything else and you would need to contact the broker to find out why a cost basis wasn't supplied.
April 12, 2021
5:55 PM