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Investors & landlords
so for ESPP and RSUs cost basis is 0 and then you say I have the correct cost basis and you insert it there (not in the original cost basis).
for codes:
you would put W for Wash sales
B for adjusted cost basis such RSUs and ESPPs
N is for nominee for the actual owner.
The main issue is that TT is importing everything as N (wrong) and you cant adjust and change anything. Even if you put 0s, having code N tells IRS you are the nominee on these stocks which is wrong.
‎February 17, 2024
3:19 PM