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I'm getting an error message to enter an adjustment code on Form 8949 but I dont see any applicable codes on the 1099-B. Where can I find this?

PROCEEDS (Box 1d) $360.10
COST OR OTHER BASIS (Box 1e) $326.63
GAIN/(LOSS) AMOUNT $33.56
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4 Replies
ThomasM125
Expert Alumni

I'm getting an error message to enter an adjustment code on Form 8949 but I dont see any applicable codes on the 1099-B. Where can I find this?

I notice that the math does not work here, as the proceeds minus the cost should give a gain of $33.47, while you said the form 1099-B reports $33.56. I don't know why there is a discrepancy so I can't tell you what the adjustment code is. However, if you change the proceeds or cost to make the gain equal the difference, you may find that you don't need the adjustment code.

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I'm getting an error message to enter an adjustment code on Form 8949 but I dont see any applicable codes on the 1099-B. Where can I find this?

You’re right, I mis-typed. 
should have been:

PROCEEDS (Box 1d) $360.19
COST OR OTHER BASIS (Box 1e) $326.63
GAIN/(LOSS) AMOUNT $33.56

I'm getting an error message to enter an adjustment code on Form 8949 but I dont see any applicable codes on the 1099-B. Where can I find this?

@ThomasM125  You’re right, I mis-typed. 
should have been:

PROCEEDS (Box 1d) $360.19
COST OR OTHER BASIS (Box 1e) $326.63
GAIN/(LOSS) AMOUNT $33.56

 

any ideas for me?

RobertB4444
Expert Alumni

I'm getting an error message to enter an adjustment code on Form 8949 but I dont see any applicable codes on the 1099-B. Where can I find this?

@amaliarose12  If you imported the numbers from your broker then you should manually re-type them and that may take care of the issue.

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