Cannot get our entries to match the imported 1099-B.
We imported the 1099-B but we could not use the TT walk-through questions to get it to match.
We have many transactions listed on the 1099-B, one which is an RSU transaction. Next amount lists the number of shares sold for taxes. Since the price of the shares was going down, by the time they sold the 1st set of shares, the price was even lower so they sold a 2nd batch. Now, these are listed as 3 separate items on the 1099-B. The tax sales are a loss but it is not addressed by TT. Also, I can't figure out how to indicate those 2 sales as tax sales. We can't bunch the 3 amounts together because we cannot edit the 1099-B. If we answer all the TT questions, we cannot find any way to indicate those 2 batches of sales as the ones that were sold for taxes. At least, it doesn't work and we can't edit the 1099-B that was imported.
What is TT's reasoning for asking these questions? We don't understand because it says, "If you sold some of these for taxes, we'll get back to this later" but it never comes up again!
So... then we deleted the import and entered everything again, entering the correct basis for each. We entered everything manually the way we thought it should be. Again, cannot figure out how to indicate the 2 sales were the tax sales. (Must we?)
For example, say we got 100 shares. 10 were sold for taxes. The price was falling so another 5 were sold for taxes. The 1099-B has 3 entries: 80, 10, and 5. Should we enter 100 and try to let TT walk us through it, (meaning it won't match the 1099-B) or should we just enter all the information ourselves since we have it, let it match the 1099-B, and ignore TT???
Help!
Thank you!
