- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
If the 1099-B has a cost basis of zero, you do not want to enter something different. Instead check the box for "The cost basis is incorrect or missing on my 1099‑B.". Then you can enter the correct basis as below. Regardless, be sure to keep the information with your tax for at least three years in case you are audited.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
March 3, 2022
1:46 PM