Deductions & credits

Yes.  You'll need to file an amended income tax return.  You'll go back to the "Stocks, Mutual Funds, Bonds, Other" interview and correct that particular trade to reflect the correct basis.  A typical "same day" sale results in a small loss due to selling commissions and fees.

This FAQ

http://turbotax.intuit.com/support/iq/Amend-a-Return/How-to-Amend--Change-or-Correct--a-Return-You-A...

will get you started on the amending process.

Tom Young