Today I have the almost complete opposite situation versus yesterday. My wife had a different inherited stock sale last year with 1099B from a different broker then I described yesterday (yesterday was my inherited stock sale), she inherited it from my father-in-law on a Sunday in 2014 (Long term covered). The Broker's 1099B PDF file on their website shows the date acquired as the correct and valid Sunday date of death in 2014, not "INHERITED". I imported that 1099B down to TurboTax Deluxe, but this time the 1099B review screen in TurboTax step-by-step DOES have the question as to how it was acquired, with the options of inherited, purchased, gift, etc. So to be truthful, I chose "inherited", which was then put into the filing form, 8949 I think.
I did try as an experiment to go into the Forms view and change it from inherited to the correct date of death shown on the 1099B PDF from broker and it did seem to take it, but when I went back to the step-by-step the option box was still showing "inherited". Then switching to Forms view again, it had changed back to "inherited".
So in this situation, I think somehow the TurboTax software did not receive the date acquired actual date from the import or there was something wrong with it, so it reverted to asking the question of how the stock was acquired.
So my question is, should I delete that record from the import and create a new 1099B record manually, choose "purchase" if it asks how acquired, and put in the actual date of death in 2014? Or maybe just leave the import record, just choose "purchase" and put in correct date? It seems somehow dishonest to do this but it would match with the brokers 1099B PDF on their website and the IRS likes to have everything match.
Please advise.
