DFurciniti
Returning Member

Adjusting Cost Basis for downloaded 1099-B Mutual Fund Sale that has both Long and Short Term Gains

I am having trouble identifying the best way to adjusting the cost basis for a downloaded 1099-B Mutual Fund Sale that has both Long and Short Term Gains.  There does not seem to be a way to split that sale into different categories.  I have all of the cost basis info to determine what part is LT and what part is ST but when I select the Edit button for the sale it only lets me those 1 or the other.  To get around it I have modified the sale to be LT and then created a new sale that is ST but the new sale does not appear in the same bucket with the LT sale.  (i.e. the LT sale is in the broker specific investment account and the ST sale is in a new self entered "account".  Is there a different way to make this happen?  Should I delete the Sale from the Broker account all together and put both the LT and ST in this new "account"?