jean0607
Returning Member

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.