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Investors & landlords
same problem here. I have been using TurboTax for years to report RSU grant and withholding. I have 1099-B and transaction supplement from broker. Usually, the Box 1e (cost or other basis) is ZERO, then in the next page there is "Corrected cost basis" where I can enter Adjusted Cost Basis which is from broker's transaction supplement. then the numbers will go down.
For TurboTax 2020, there is no "Corrected cost basis" available, if I enter the Adjusted cost basis into Box1e, the numbers will not go down. There is definitely something changed for TurboTax 2020 to report RSU.
Where should I enter Adjusted Cost Basis from broker's transaction supplement sheet?
‎February 18, 2021
9:29 AM