why is turbo tax asking me to review 1099-b documents?

lauraevary · ‎March 5, 2026

why is the status on the 1099-B not changing from need review?

ThomasM125 · ‎March 5, 2026

It is possible that some of the sales listed on the Form 1099-B may not report a cost basis. If so, it would be to your advantage to research those and enter the correct cost basis, so it can be subtracted from your sales proceeds, thus reducing your reported capital gain income. There could also be other issues. You will have to review the investment sale entries and see what needs your attention.

You enter the 1099-B forms in the Wages and Income section of TurboTax, then Investments Sales, then Stocks, cryptocurrency, Mutual Funds, Bonds, etc...

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

ThomasM125 · ‎March 5, 2026

It is possible that some of the sales listed on the Form 1099-B may not report a cost basis. If so, it would be to your advantage to research those and enter the correct cost basis, so it can be subtracted from your sales proceeds, thus reducing your reported capital gain income. There could also be other issues. You will have to review the investment sale entries and see what needs your attention.

You enter the 1099-B forms in the Wages and Income section of TurboTax, then Investments Sales, then Stocks, cryptocurrency, Mutual Funds, Bonds, etc...

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Expert does your taxes

Do it yourself

Resources

Support

why is turbo tax asking me to review 1099-b documents?