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Get your taxes done using TurboTax
Yes, you will need to make some adjustments in the 1099B entries.
- Edit your long-term transaction.
- Check the box indicating your cost basis is incorrect.
- Check the box indicating you need to change the holding period.
- Increase the amount of your cost basis by $30. For example if your basis is currently 600 make it $630.
- Edit the short term transaction
- Check the same boxes as above
- Decrease the amount of the basis in the box by $30.
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‎February 13, 2022
10:25 AM
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