GeorgeM777
Expert Alumni

Retirement tax questions

Because you are using TurboTax desktop, follow these steps:

 

  1. After opening the application, select the Personal Income tab, and then scroll down to Investment Income.
  2.  Select Stocks, Mutual Funds, and Bonds.  
  3. On the next screen, you should see a list of your investments.  
  4. Select Edit across from the transaction you need to update.
  5.  After a few screens you should see a screen with information about your uploaded 1099-B.  
  6. Continue through the application until you reach the screen, Select any less common adjustments that apply.  
  7. One of the options on the above screen is The cost basis on my statement is incorrect.  Select this option and you will see a field where you can enter the corrected cost basis. 

@BC1947 

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