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Suggested method for data input
We have a stock that was inherited years ago. We have carefully kept track of basis and associated cost parameters.
It was sold last year and the 1099-B from the Broker showed a cost basis of $0.00. I have replaced that value with the appropriate cost as I entered the data into TT.
What is the suggestion to make sure that this does not raise a flag with the IRS?
March 3, 2022
1:24 PM