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Get your taxes done using TurboTax
If you received a form 1099-B reporting the investment sale, you report it in the Investment Income section in TurboTax, and then Stocks, Mutual Funds, Bonds, Other. Work through the section to enter the information from your 1099-B and when you come to the screen that says Select and less common adjustments that apply choose the The cost basis on my statement is incorrect option and enter your corrected cost basis, which is normally the income reported on your W-2 form from the investment as income in box 1.
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‎February 24, 2022
12:59 PM