I'm trying to enter information for a stock sale. The 1099-B, box 1b shows "Unknown". Box 1e also shows "Unknown". I have calculated a cost basis for this stock, which I purchased a number of years ago.
For box 1b, the dropdown doesn't have "Unknown", so I chose "Various (or more than one date)".
I left box 1e blank, as I can't enter letters. Then, I checked the box for "The cost basis is incorrect or missing on my 1099-B".
I unchecked the box for "I have other boxes on my 1099-B to enter", as the rest of the boxes are empty on the form.
Then, I click Continue. I select "None of these apply", and click Continue again.
The next page says "We noticed there's an issue with your cost basis...Let us know if you'd like to make any changes". So, here, I select that "I know my cost basis and need to make an adjustment", and I enter the calculated "Actual cost basis" figure.
I click Continue, then select "Yes, I acquired this entire investment more than a year before I sold it". I then click Continue again.
The app returns to the "Review your ... sales" page, with the cast basis added; however, the Gain/loss is calculated incorrectly, and the Status still says "Needs Review".
If I return to edit, the page shows the "Box 1e - Cost or other basis" box highlighted red, shows a red triangle with "Needs info.", and has both checkboxes checked again. Aarrgghh! What the heck? How do I get TT to accept my answers?
