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1099-B Additional information original basis
Got 1099-B with Additional Information column populated with "Original Basis" and different value than 1e (cost or other basis) value.
Do I enter everything as in 1e and then adjust cost basis to use "original basis" from additional information column?
Below article didnt indicate what user needs to do, so confirming what is proper way to interpret and submit -
option a - do we use basis from additional information in 1e
option b -fill in 1e as is and then adjust
option c - do nothing (no adjustment) since 1e is accurate (additional information is for information purposes - if they have original basis why didnt they use in 1e itself? :( )
March 27, 2022
7:09 PM