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Returning Member
posted May 26, 2025 3:02:05 PM

1099 B downloaded does not show any cost of sold investment. How can I input the correct cost?

the item in the system shows "need review"

0 1 2329
1 Replies
Level 15
May 29, 2025 5:45:11 PM

Yoou are probably dealing with transactions marked for Box B or Box E.


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).

This means you enter the basis from your own records or calculations.


For Box A or D, leave basis as reported, use Code "B" and put an adjustment in col(g).
If the basis is not reported to IRS, there's nothing to adjust.
-
If you check the box indicating you have other boxes on your 1099-B to enter, TurboTax will do it this way.

 

@jcohen8317