As per a K-1, I changed the cost basis of two securities. For one of those securities, TT correctly calculates the adjustment, for the other one, it doesn't. Help!

Deth_n_Taxes · ‎April 4, 2021

The "proceeds" doesn't change, it was 5.00. But the cost basis changed from 13.00 to 2.00. So, on the main page for the security, I clicked "there's an error in the basis." This prompted TT to a page where I enter the correct cost basis. I did this twice, once for each security. For one of them, TT calculated the correct adjustment

JotikaT2 · ‎April 10, 2021

Can you clarify exactly what your question is?

Does your Schedule K-1 reflect stock sales? Or did you receive a Form 1099-B to report your stock sales?

Reporting K-1 information

Reporting 1099-B information

Please clarify so we can assist you.

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As per a K-1, I changed the cost basis of two securities. For one of those securities, TT correctly calculates the adjustment, for the other one, it doesn't. Help!