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Ra1dersRx
New Member

1099-B Smart Check error help

I entered RSU and ESPP sales using 1099-B and adjusted cost basis using supplemental.

Smart check is stating capital asset worksheet adjustment amount must have a value when adjustment code is entered.

When I look at the 8949, the RSU adjustment values are blank while the ESPP have adjustment values. Any suggestions what is going on? SHould i bypass smart error?

screenshot of errors

Screen Shot 2024-02-17 at 11.35.22 AM.pngScreen Shot 2024-02-17 at 11.35.52 AM.png

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1 Reply
KrisD15
Expert Alumni

1099-B Smart Check error help

You seem to have code B for entries that have not been adjusted. 

The basis for both RSU and ESPP would be adjusted for the amount reported in Box 1 of your W-2. For the RSU that would have been in the year it vested and for the ESPP it would be the year it was sold. 

For the RSU, the income would have been listed in Box 14 on your W-2.

For the ESPP, you should have received Form 3922 with the details needed to adjust the basis. 

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