Business & farm

Hi Thank you for the note..

 

 

how do we tell the cost basis is not right on the 1099.

 

I purchased 10 quantity   of a crypto,stock last year at a lesser price. I bought 10  more of it later but for a higher cost.

 

The 1099 is showing the cost basis with the cheaper value from first purchase thus making my profit much higher while I would like the company to report the higher purchase price ( that i made later) as my cost basis.

 

In this case , can i manually enter the higher price as the cost basis?