I've also spoken w/ my MS/E*Trade Advisor re: this issue, who also confirmed that something is in the works re: resolving with TurboTax.
However, I wanted to add a 2nd issue to my findings and that is that for all entries on my post-MS-merger E*Trade 1099 for which the cost-basis is 0.00 (think short sale of an option), the imported data from the post-MS 1099 is empty for the cost-basis. This means that the user must manually touch each entry and add back in the 0.00 basis, then jump thru hoops to confirm/re-confirm that 0.00 is really what they wanted. My advisor said that although they were aware of the "N" issue, that I was the first to report the "0.00 as empty cost basis" issue. This is only an issue for the post-MS 1099; pre-MS 1099 from E*Trade is handled just fine and carries the 0.00 into TT w/o difficulty
