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Cost Basis Reported
My 1099 indicates that the cost basis was provided to the IRS and when asked in TT, I checked the box that said it was reported. However, I noticed when reviewing my tax form the box that said it was not reported was checked. I don't understand why. I double checked to make sure I had checked off the right box in the step by step. I did an override and changed it on the form to check the correct box, but then I get an error message that says it might cause issues when things are being cross-checked. Is this an issue with TT itself or is there something I am not understanding. Thank you so much.
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‎February 24, 2023
6:44 PM