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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?
‎April 17, 2022
2:21 PM