JohnB5677
Employee Tax Expert

Business & farm

No, at least not like that.  As you go through the states you will have the opportunity to adjust allocations.  It does not require re-entering everything, just the raw number. 

 

Regarding adjusting basis, this may help.

To correct the cost basis on stocks from a 1099-B

  1. Start at Investment income
  2. Select Stocks, Mutual Funds ....
  3. Choose the Broker or Institution
  4. Select the individual stock
  5. The data you entered will be there
  6. Toward the bottom of the screen select [I'll enter additional info on my own]
  7. In the entry for Box 2 enter Corrected Cost Basis

 

 

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