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Retirement tax questions
In prior years, TurboTax supported basis correction as instructed by IRS . It should still support it.
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For non-covered securities ( BOX B or E) showing zero (wrong) basis, enter the correct basis yourself.
Use code "B" and put -0- in col (g).
For Box A or D, leave basis as reported, use Code "B" and put an adjustment in col(g).
March 11, 2025
7:08 PM