When reporting 1009-B form to IRS, which value should we be using for the Cost Basis? Do you use "1d - Proceeds & Reported Gross or Net" or "1e Cost or other basis"? I recently received CP2000 form from IRS which says the reporting was incorrect
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Cost or other basis is cost basis.
don't know what you are looking at.
in TT and broker statements 1d is sales price/proceeds and 1e is cost.
This is an odd question since you found the column on your 1099-B labeled cost basis.
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