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Investors & landlords
@Alex2021 You put the adjusted cost basis in box 1e where it says cost basis.
The IRS defines the basis as what you paid plus expenses. The adjusted cost basis column in your spreadsheet is the actual legal cost basis.
So, for Mar 14, cost basis, line 1e, is the $16,778.44 and the $11k is not entered at all.
Sorry for the confusion! This may help, Topic No. 703 Basis of Assets
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March 22, 2021
7:24 PM