1099-B multiple brokerages and assets transfer

[Chameleon7]

I have switched brokers from Robinhood to Fidelity, then finally to Interactive Brokers in 2021, but I was wondering if TurboTax Premier will report the transactions correctly? 

For example, say I bought QQQ 06/04 380C for $1 on Robinhood and transferred the asset to Fidelity, then later sold the same option for $2 in my Fidelity account after the asset transfer completed, will TurboTax record the gain or loss properly, or do I have to manually do this?

Thank you! 

[fanfare]

When you transfer assets, it would be good if  the old broker should transfer the cost basis information also.

BUT

If that doesn't happen, expect to see "X" on your Box category for those transactions.

[Chameleon7]

Thanks for the quick reply.

So as long as RH transferred the cost basis info, then TurboTax will take care of it? (RH did btw).

[fanfare]

"Basis reported to the IRS" is Box A or Box D.

TurboTax can't do anything other than take what you give it.