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Something wrong with turbotax apps, 1099-B [1e] "Cost or other basis($)" reported instead of [1d] Proceeds($). It led to $1467 penalty with $657 interest due to big delta
There is something wrong with turbotax system, my 2023 tax refund was filled incorrectly which 1099-B [1e] "Cost or other basis($)" reported instead of [1d] Proceeds($). It led to $1467 penalty with $657 interest due to $33131 delta. Please investigate where it went wrong and find me the solution to waive the penalty.
‎February 28, 2025
9:58 PM