Thanks so much for your reply. I'm not getting the logic tree you presented. I bought the CD and am not using the online version. Also I'm using the "Home & Business" version. This is my logic Tree:
1) Under Personal Income it guides me through all income:
a) Wages and Salaries
b) Unemployment (NO)
c) Interest and Dividends
d) INVESTMENT INCOME:
1) DID YOU SELL ANY INVESTMENTS IN 2022 (YES)
2) Did you get a 1099-B (YES)
3) How do you want to enter Form 1099-B
a) Import (using this it takes me to a screen to provide my broker, then downloads the 100-B (which has the deceased original buying information, not the updated date of death basis.
b) I'll type it myself - Select Brokerage - Continue
c) Sale #1 - 1) I'll enter one sale at a time or
a) Provide total proceed and cost information then "Long term" or "Short term".
b) Any of these less common items (NO) Continue
c) Employee Stock (No) Continue
d) Select any less common adjustments Yes
1) The cost basis on my statement is incorrect *(here I can put in the new Basis).
2) Then it completes the transaction.
Problem is the new basis show up but IRS states I have to print "Inherited" in column b on form 8949 Part 2.
Going to "Forms" and 8949 on Turbotax there is not place to type "Inherited" nor does Turbotax designate "Inherited" any place.
