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I just found the E*trade supplemental info with the adjusted cost basis for my 2023 vested RSUs. Should I amend my 2023 return to fix the cost basis ($0) that I reported?
The 1099-b that I received from E*trade for my RSUs showed 0 for the cost basis. That’s what I reported in TurboTax and as I result I owed and paid much more taxes than expected. I read online that sometimes brokers don’t report the correct cost basis so I looked at the tax documents in my E*trade account and found a Supplemental Information document that shows the adjusted cost basis for the RSUs that vested last year. Should I have reported this adjusted cost basis and is this a valid reason to amend my 2023 tax return?
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April 20, 2024
2:52 PM