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Investors & landlords
There are two ways to do this,
I - You can either enter the adjusted cost basis as if it's the actual cost basis like this
and will flow through seamlessly on the forms like this
or you can enter it like this
List the adjustment code as O, this will seamlessly flow to the forms like this
thereby creating the same net result.
All this would be entered through
Personal Income/ Investment Income/ Stocks, Mutual Funds etc.
Enjoy.
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‎April 3, 2023
10:31 AM