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Business & farm
Ok thank you David.
I'm very open to adjusting the 1099-B as to be honest, the basis from the broker that actually claims it is a covered security, is not accurate. I can "make it hole" by setting the basis for the "uncovered" ETF from the other broker.
Last question - is adjusting the basis of a "covered security" likely to draw scrutiny from the IRS, or is basis adjustments fairly common and not something to be too worried about?
Thanks again!
‎April 5, 2021
6:51 PM