Business & farm

Thank you very much . I will try to do the amendment.

 

The clarification I originally sort is - is it ok to modify the cost basis to a different purchase price ( I have the transaction receipt of that purchase ) . 

 

The cost basis that is there in the 1099 B is different . So if I understand it correctly - IRS would have got the 1099  from my brokerage company with a different cost  basis  which I am manually overriding ( to a higher price that I bought and have text receipt  

 

Is this acceptable ?