I have read paid dividends on short sales can be added to cost basis, if the broker did not already adjust the cost basis on 1099B.
The issue is I can not get TurboTax to display it "correctly" with:
-Proceeds (d) and Cost (e) matching 1099B
-Code B in (f)
-Paid Dividend Amount in (g)
On TurboTax desktop, it appears column (g) is reserved only for wash sale adjustments.
If I select "basis is incorrect on 1099 B" and enter the correct basis, the amount is adjusted in (e). Nothing shows up in (g).
Of course both methods lead to the same gain/loss in (h), but I feel the former is more correctly handled. Please advise.
P.S. Maybe I could add something to description (a) instead??
