A NMWHFIT incurs expenses that relate to the organization of the trust and the sale of trust interests (organization expenses). You should make the adjustment, and here is the procedure to correct the cost basis on stocks from a 1099-B
- Start at Investment income
- Select Stocks, Mutual Funds ....
- Choose the Broker or Institution
- Select the individual stock
- The data you entered will be there
- Toward the bottom of the screen select [I'll enter additional info on my own]
- In the entry for Box 2 enter Corrected Cost Basis
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