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Level 1
posted Apr 1, 2025 2:17:30 PM

My stock sales transferred over automatically except for 25. each of these are missing the cost basis and total proceeds are like $10. do i need to enter all by hand?

0 3 470
3 Replies
Expert Alumni
Apr 2, 2025 11:14:38 AM

Yes, you will need to adjust/add each of them manually if not all of them transferred successfully.

 

If you have more than 25 transactions that need to be reviewed, adjusted, or that need to be added, you might want to enter them as a sales summary instead of fixing them one by one. Below is a link on how to remove those transactions and instead input them as a whole summary
 

Use summary filing


 

Level 15
Apr 2, 2025 7:48:32 PM

If you summarize the transactions with missing or wrong basis (Box B or Box E) you will need to mail the details of those transactions to the IRS. So, that's not much help.

 

@counselor155 

Level 15
Apr 2, 2025 7:51:41 PM

Your consolidated 1099-B Sections B, E, can be mailed, but only if you are willing to accept the wrong basis.

 

@counselor155