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Investors & landlords
Thank you Mike9241 !
This looks like a workable solution that I hope to try next year (2023 taxes). Your instructions make the process look simple. I'm concerned about the execution. These were not accidental omissions of a cost basis. I've addressed the problem the hard way in years past. This year I successfully completed the multi-step review of 294 zero basis transactions reported by Fidelity Investments in three marathon sessions. The best solution to this situation would be if Turbotax would provide a way to deal with them en mass. Surely there are others who have multiple zero cost basis transactions. Please pass along this plea to Turbotax decision makers.
March 22, 2023
6:21 PM