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Investors & landlords
Yes, report the basis you have in your records. You can enter the cost basis by selecting to adjust your cost basis. Do not enter a zero, simply leave the box blank. This simply alerts the IRS that your 1099-B did not have a cost basis.
This occurs when an investment is changed from one finance company to another which does not allow then to keep track of the cost basis from start to sale.
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‎February 7, 2024
3:19 PM