JohnB5677
Expert Alumni

Retirement tax questions

 

No, the IRS will not flag your entry of a different cost basis if it is entered properly.

 

If it is blank, leave it blank. (This will match the 1099-B posting)

  1. Scroll to the bottom of your 1099-B entry screen
  2. Check the box for The cost basis is incorrect or missing on my 1099-B 
  3. On the new screen None of these apply.
  4. I know my cost basis and need to make an adjustment.
  5. Enter your actual Cost Basis

 

@NewoysterNewoyster

 

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