DMarkM1
Expert Alumni

Get your taxes done using TurboTax

Yes,  you will need to make some adjustments in the 1099B entries.

  1. Edit your long-term transaction. 
  2. Check the box indicating your cost basis is incorrect.
  3. Check the box indicating you need to change the holding period. 
  4. Increase the amount of your cost basis by $30. For example if your basis is currently 600 make it $630.
  5. Edit the short term transaction
  6. Check the same boxes as above
  7. Decrease the amount of the basis in the box by $30.

 

 

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