My brokerage house reported wrong cost basis for number of trades. I want to update the cost basis in Turbotax. I have about 350 trades. I am getting access to only the first 100 trades and only button available is continue. When I press it, it comes out to the income list and it keeps repeating every time I try. How can I access my trades after the first 100 to change the cost basis?
Thanks.
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why is the brokerage using the wrong basis? generally, the IRS won't bother you if you change the cost basis for a few trades. Don't know what will happen since you are changing the cost basis on many trades.
These are RSU shares. As I already paid tax when the shares vested, the cost basis should be based on the market value when the vesting took place. They are showing the par value of the shares as the cost basis which is pennies, when it should be about $150 or so. Brokerage house is of no help and I transferred the shares to Fidelity when I left the company. So, I have to change the cost basis for the trades of that company shares only and I have been doing it for the last two years. Unfortunately, I am having trouble with accessing those trades in Turbotax 2024.
It used to work this way:
Keep pressing CONTINUE and it will cycle through the Box Categories, eventually coming back to the next page of the category you're working on.
I don't know about TurboTax 2024.
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