turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Form 1099-B shows in Box 1e, cost basis $0. All the proceeds are from an NUA rollover in 2019. Turbo tax is recommending that I review my cost basis. Do I need to ?

My choices are:
- I know my cost basis and need to make an adjustment
- I don't want to make any changes to my cost basis right
   now.
Which answer should I choose?
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
ColeenD3
Expert Alumni

Form 1099-B shows in Box 1e, cost basis $0. All the proceeds are from an NUA rollover in 2019. Turbo tax is recommending that I review my cost basis. Do I need to ?

No, if you know for a fact that it is zero basis, then you would not make changes. The program is designed to be cautious.

View solution in original post

1 Reply
ColeenD3
Expert Alumni

Form 1099-B shows in Box 1e, cost basis $0. All the proceeds are from an NUA rollover in 2019. Turbo tax is recommending that I review my cost basis. Do I need to ?

No, if you know for a fact that it is zero basis, then you would not make changes. The program is designed to be cautious.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies