I have been reading this strand and it is very helpful; however, I am still having trouble with entering the information. I am doing an estate return and I have a 1099-B. The form has a summary part that lists the Long Term Noncovered and then Long Term Covered and Noncovered (and provides the basis). In the TOTAL REPORTABLE AMOUNTS section it lists the total PROCEEDS (box d) and then the TOTAL Reportable Cost or Other Basis (box 1e). When entering into Turbo tax where do I enter the NON-REPORTABLE basis to bring the taxable amount down to where it should be?
Do you just add it to the box 1e?
