topic Re: Form 1099-B Worksheet Cost or Adjusted Basis does not match the value on the Capital Gain(Loss) Worksheet. Any ideas what is wrong with my entries when I see this? in Get your taxes done using TurboTax https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1820089#M648032 <BLOCKQUOTE><HR /><LI-USER uid="70392"></LI-USER>&nbsp;wrote:<BR /> <P>As an active investor, be aware that your category Box A sales without adjustments do not require Form 8949, so there is no reason to import or key in those transactions.<BR />Instead use the "enter a summary" option to put your numbers on Schedule D Line 1a.</P> <HR /></BLOCKQUOTE> <P>The summary option can be used but if you input cents, rather than rounding up or down, the program will still throw an error.</P> Sat, 23 Jan 2021 17:53:00 GMT tagteam 2021-01-23T17:53:00Z Form 1099-B Worksheet Cost or Adjusted Basis does not match the value on the Capital Gain(Loss) Worksheet. Any ideas what is wrong with my entries when I see this? https://ttlc.intuit.com/community/taxes/discussion/form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1810432#M644077 Tue, 19 Jan 2021 22:30:26 GMT https://ttlc.intuit.com/community/taxes/discussion/form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1810432#M644077 rfrancis1 2021-01-19T22:30:26Z Re: Form 1099-B Worksheet Cost or Adjusted Basis does not match the value on the Capital Gain(Loss) Worksheet. Any ideas what is wrong with my entries when I see this? https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1810533#M644115 <P>You are experiencing some sort of programming error which, hopefully, will be fixed in the next update.</P> Tue, 19 Jan 2021 23:07:50 GMT https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1810533#M644115 tagteam 2021-01-19T23:07:50Z Re: Form 1099-B Worksheet Cost or Adjusted Basis does not match the value on the Capital Gain(Loss) Worksheet. Any ideas what is wrong with my entries when I see this? https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1819482#M647766 <P>Could you please tell me when will the next update be made? My tax return filing is hung up in a forever-repeating loop because of the "does not" match thing!&nbsp;</P><P>&nbsp;</P> Sat, 23 Jan 2021 12:51:39 GMT https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1819482#M647766 tepsastri 2021-01-23T12:51:39Z Re: Form 1099-B Worksheet Cost or Adjusted Basis does not match the value on the Capital Gain(Loss) Worksheet. Any ideas what is wrong with my entries when I see this? https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1819494#M647771 <P>I just made a similar post.&nbsp; Mine is because TT rounds to whole dollars on 8949 and uses dollars and cents on 1099-B worksheet. It is flagging this as an error. I can fix it by rounding the Sales and Cost Basis amounts to *.00</P><P>&nbsp;</P><P><A href="https://ttlc.intuit.com/community/taxes/discussion/s[product key removed]s-after-downloading-1099-b-stock-sales/00/1819489" target="_blank">https://ttlc.intuit.com/community/taxes/discussion/s[product key removed]s-after-downloading-1099-b-stock-sales/00/1819489</A></P> Sat, 23 Jan 2021 13:08:22 GMT https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1819494#M647771 mollinmark 2021-01-23T13:08:22Z Re: Form 1099-B Worksheet Cost or Adjusted Basis does not match the value on the Capital Gain(Loss) Worksheet. Any ideas what is wrong with my entries when I see this? https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1819815#M647921 <P>Updates are typically released on Thursdays, at least for the desktop products. So, figure 1/28/2021.</P> Sat, 23 Jan 2021 16:02:11 GMT https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1819815#M647921 tagteam 2021-01-23T16:02:11Z Re: Form 1099-B Worksheet Cost or Adjusted Basis does not match the value on the Capital Gain(Loss) Worksheet. Any ideas what is wrong with my entries when I see this? https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1819912#M647960 <P>Thank you very much, CHAMP tagteam !</P><P>I appreciate the quick reply.</P><P>&nbsp;</P><P>Tep Sastri</P> Sat, 23 Jan 2021 16:40:10 GMT https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1819912#M647960 tepsastri 2021-01-23T16:40:10Z Re: Form 1099-B Worksheet Cost or Adjusted Basis does not match the value on the Capital Gain(Loss) Worksheet. Any ideas what is wrong with my entries when I see this? https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1819924#M647966 <P>Hi&nbsp;<SPAN>&nbsp;&nbsp;Mollinmark</SPAN></P><P>&nbsp;</P><P><SPAN>I don't know how to fix the TurboTax software like you did !&nbsp; As a customer (not a programmer) how do I tell it to round off the decimal values to zero?</SPAN></P><P><SPAN>Thank you very much for replying. I shouldn't bother you too often. I apologize.&nbsp;</SPAN></P><DIV class="lia-message-author-with-avatar">&nbsp;</DIV><P><SPAN>&nbsp;</SPAN></P> Sat, 23 Jan 2021 16:45:14 GMT https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1819924#M647966 tepsastri 2021-01-23T16:45:14Z Re: Form 1099-B Worksheet Cost or Adjusted Basis does not match the value on the Capital Gain(Loss) Worksheet. Any ideas what is wrong with my entries when I see this? https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1819951#M647973 <BLOCKQUOTE><HR /><LI-USER uid="2968910"></LI-USER>&nbsp;wrote: <P><SPAN>I don't know how to fix the TurboTax software like you did !&nbsp; As a customer (not a programmer) how do I tell it to round off the decimal values to zero?</SPAN></P> <HR /></BLOCKQUOTE> <P><LI-USER uid="2968910"></LI-USER>&nbsp;</P> <P>&nbsp;</P> <P>I would suggest that you simply wait for the fix rather than using a workaround.&nbsp;</P> <P>&nbsp;</P> <P>The workaround is to round up (or down) your cost or other basis and the proceeds when you enter each transaction (so $500.33 is entered as $500 while $500.77 is entered as $501). Regardless, you should really wait until the developers release the update with the fix for this issue.</P> Sat, 23 Jan 2021 16:54:19 GMT https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1819951#M647973 tagteam 2021-01-23T16:54:19Z Re: Form 1099-B Worksheet Cost or Adjusted Basis does not match the value on the Capital Gain(Loss) Worksheet. Any ideas what is wrong with my entries when I see this? https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1820073#M648025 <P>As an active investor, be aware that your category Box A sales without adjustments do not require Form 8949, so there is no reason to import or key in those transactions.<BR />Instead use the "enter a summary" option to put your numbers on Schedule D Line 1a.</P><P>Same for Box D which goes on Schedule D Line 8a.<BR />--<BR />If you have wash sales, it gets more complicated since those adjusted transactions have to be itemized on Form 8949 and the summary totals adjusted accordingly.</P><P>Enter the wash sales on Form 8949, then use the subtotal results on the bottom of that form to know how much to subtract. Be sure to NOT check the adjustments box in the summary window.</P> Sat, 23 Jan 2021 17:52:06 GMT https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1820073#M648025 fanfare 2021-01-23T17:52:06Z Re: Form 1099-B Worksheet Cost or Adjusted Basis does not match the value on the Capital Gain(Loss) Worksheet. Any ideas what is wrong with my entries when I see this? https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1820089#M648032 <BLOCKQUOTE><HR /><LI-USER uid="70392"></LI-USER>&nbsp;wrote:<BR /> <P>As an active investor, be aware that your category Box A sales without adjustments do not require Form 8949, so there is no reason to import or key in those transactions.<BR />Instead use the "enter a summary" option to put your numbers on Schedule D Line 1a.</P> <HR /></BLOCKQUOTE> <P>The summary option can be used but if you input cents, rather than rounding up or down, the program will still throw an error.</P> Sat, 23 Jan 2021 17:53:00 GMT https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1820089#M648032 tagteam 2021-01-23T17:53:00Z Re: Form 1099-B Worksheet Cost or Adjusted Basis does not match the value on the Capital Gain(Loss) Worksheet. Any ideas what is wrong with my entries when I see this? https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1820110#M648046 <P>I'm not sure how that can be since you are entering a subtotal, not a transaction.</P><P>Anyway, instructions for Schedule D suggest rounding.</P> Sat, 23 Jan 2021 18:00:19 GMT https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1820110#M648046 fanfare 2021-01-23T18:00:19Z Re: Form 1099-B Worksheet Cost or Adjusted Basis does not match the value on the Capital Gain(Loss) Worksheet. Any ideas what is wrong with my entries when I see this? https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1820212#M648090 <BLOCKQUOTE><HR /><LI-USER uid="70392"></LI-USER>&nbsp;wrote:<BR /> <P>I'm not sure how that can be since you are entering a subtotal, not a transaction.</P> <P>Anyway, instructions for Schedule D suggest rounding.</P> <HR /></BLOCKQUOTE> <P>Because it is a bug in the software. If the user rounds, the issue will not arise, though.</P> Sat, 23 Jan 2021 18:35:58 GMT https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1820212#M648090 tagteam 2021-01-23T18:35:58Z Re: Form 1099-B Worksheet Cost or Adjusted Basis does not match the value on the Capital Gain(Loss) Worksheet. Any ideas what is wrong with my entries when I see this? https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1820252#M648111 <P>Thank you for suggesting that I wait till TurboTax fixes the roundoff function. Well, I hope they 'll do it soon enough before the IRS deadline.</P><P>I appreciate your concern.</P> Sat, 23 Jan 2021 18:49:23 GMT https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1820252#M648111 tepsastri 2021-01-23T18:49:23Z Re: Form 1099-B Worksheet Cost or Adjusted Basis does not match the value on the Capital Gain(Loss) Worksheet. Any ideas what is wrong with my entries when I see this? https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1821387#M648569 <P>Excellent detective work!&nbsp; Hope they fix this with an update.</P> Sun, 24 Jan 2021 00:47:30 GMT https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1821387#M648569 BKODA 2021-01-24T00:47:30Z Re: Form 1099-B Worksheet Cost or Adjusted Basis does not match the value on the Capital Gain(Loss) Worksheet. Any ideas what is wrong with my entries when I see this? https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1830700#M652531 <P>After reading your post. I rounded to whole dollars which took care of the problem.</P> Tue, 26 Jan 2021 21:13:54 GMT https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1830700#M652531 Linda5455 2021-01-26T21:13:54Z Re: Form 1099-B Worksheet Cost or Adjusted Basis does not match the value on the Capital Gain(Loss) Worksheet. Any ideas what is wrong with my entries when I see this? https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1830715#M652535 <BLOCKQUOTE><HR /><LI-USER uid="3000590"></LI-USER>&nbsp;wrote:<BR /> <P>After reading your post. I rounded to whole dollars which took care of the problem.</P> <HR /></BLOCKQUOTE> <P>Yes, you can round when you enter the transactions if you have one or a few sales, but the users who have dozens, hundreds, or more transactions should really wait for the fix.</P> Tue, 26 Jan 2021 21:16:20 GMT https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1830715#M652535 tagteam 2021-01-26T21:16:20Z Re: Form 1099-B Worksheet Cost or Adjusted Basis does not match the value on the Capital Gain(Loss) Worksheet. Any ideas what is wrong with my entries when I see this? https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1831112#M652695 <P>Dear Linda5455,</P><P>You didn't use the online TurboTax, did you?</P><P>How would you do the roundoff in the online version?</P> Tue, 26 Jan 2021 22:36:48 GMT https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1831112#M652695 tepsastri 2021-01-26T22:36:48Z Re: Form 1099-B Worksheet Cost or Adjusted Basis does not match the value on the Capital Gain(Los... https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-los/01/1874287#M669974 <P><SPAN style="font-size:12pt"><SPAN style="font-family:&quot;Times New Roman&quot;,serif"><SPAN style="font-size:11.0pt"><SPAN style="font-family:&quot;Calibri&quot;,sans-serif"><SPAN style="color:#393a3d">Another option, type in 4 lines manually. Each line is the total for that type of transaction. The IRS has the same brokerage statement and totals.&nbsp;</SPAN></SPAN></SPAN></SPAN></SPAN></P> <P><SPAN style="font-size:12pt"><SPAN style="font-family:&quot;Times New Roman&quot;,serif"><SPAN style="font-size:11.0pt"><SPAN style="font-family:&quot;Calibri&quot;,sans-serif"><SPAN style="color:#393a3d">Enter the totals for each:</SPAN></SPAN></SPAN></SPAN></SPAN></P> <UL> <LI><SPAN style="font-size:12pt"><SPAN style="color:#393a3d"><SPAN style="font-family:&quot;Times New Roman&quot;,serif"><SPAN style="font-size:11.0pt"><SPAN style="font-family:&quot;Calibri&quot;,sans-serif">short term covered</SPAN></SPAN></SPAN></SPAN></SPAN></LI> <LI><SPAN style="font-size:12pt"><SPAN style="color:#393a3d"><SPAN style="font-family:&quot;Times New Roman&quot;,serif"><SPAN style="font-size:11.0pt"><SPAN style="font-family:&quot;Calibri&quot;,sans-serif">short term non-covered</SPAN></SPAN></SPAN></SPAN></SPAN></LI> <LI><SPAN style="font-size:12pt"><SPAN style="color:#393a3d"><SPAN style="font-family:&quot;Times New Roman&quot;,serif"><SPAN style="font-size:11.0pt"><SPAN style="font-family:&quot;Calibri&quot;,sans-serif">long term covered</SPAN></SPAN></SPAN></SPAN></SPAN></LI> <LI><SPAN style="font-size:12pt"><SPAN style="color:#393a3d"><SPAN style="font-family:&quot;Times New Roman&quot;,serif"><SPAN style="font-size:11.0pt"><SPAN style="font-family:&quot;Calibri&quot;,sans-serif">long term non-covered</SPAN></SPAN></SPAN></SPAN></SPAN></LI> </UL> <P><SPAN style="font-size:12pt"><SPAN style="color:#393a3d"><SPAN style="font-family:&quot;Times New Roman&quot;,serif"><SPAN style="font-size:11.0pt"><SPAN style="font-family:&quot;Calibri&quot;,sans-serif">@</SPAN></SPAN></SPAN></SPAN></SPAN>tepsastri</P> Thu, 04 Feb 2021 20:13:29 GMT https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-los/01/1874287#M669974 AmyC 2021-02-04T20:13:29Z Re: Form 1099-B Worksheet Cost or Adjusted Basis does not match the value on the Capital Gain(Los... https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-los/01/1902837#M681853 <P>Still waiting for the update?</P><P>I just rounded the values up as they were flagged as suggested.&nbsp; Worked like a charm.</P> Wed, 10 Feb 2021 21:59:55 GMT https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-los/01/1902837#M681853 lkwhitted 2021-02-10T21:59:55Z Re: Form 1099-B Worksheet Cost or Adjusted Basis does not match the value on the Capital Gain(Los... https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-los/01/1902875#M681865 <P>Hello lkwhitted</P><P>&nbsp;</P><P>How do I round "<SPAN>the values"&nbsp;</SPAN>as you suggested, using the online&nbsp;tax return version?</P><P>Sincerely,</P><P>Tep</P> Wed, 10 Feb 2021 22:05:39 GMT https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-los/01/1902875#M681865 tepsastri 2021-02-10T22:05:39Z Re: Form 1099-B Worksheet Cost or Adjusted Basis does not match the value on the Capital Gain(Los... https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-los/01/1906811#M683504 <P>As you go thru the problems found the amount in question will be highlighted and the amount will be in a entry box.&nbsp; if the decimal (cents) amount is .50 or greater backspace and remove the cent entry note the dollar amount and add one dollar to it. &nbsp;&nbsp; $2384.54&nbsp; original amount &nbsp; $238&lt;-&lt;-&lt;-&lt;- back 4 times&nbsp; enter an additional dollar to the amount $2385 at this point hit enter to enter the amount the program will record $2385.00 in the form.</P><P>In like manner if the decimal (cents) amount is .49 or lower&nbsp; original amount of&nbsp; $3564.46 will round down. Backspace and remove the cent entry note the dollar amount and subtract 1 one dollar from it.</P><P>$356&lt;-&lt;-&lt;-&lt;-&nbsp; reducing the amount by one dollar $3563 hit enter and the program will record $3563.00 in the form.</P><P>Preform this operation for each disputed entry effectively rounding the cent value to the near its dollar amount.&nbsp;</P><P>re-run the check to verify the corrections.</P><P>I apologize if the above seems to overly simplistic</P><P><span class="lia-unicode-emoji" title=":thumbs_up:">👍</span>getting the taxes out of the way</P><P>&nbsp;</P> Thu, 11 Feb 2021 19:53:53 GMT https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-los/01/1906811#M683504 lkwhitted 2021-02-11T19:53:53Z Re: Form 1099-B Worksheet Cost or Adjusted Basis does not match the value on the Capital Gain(Los... https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-los/01/1907468#M683760 <P>I truly appreciate your kind explanation in great details !</P><P>It's now very clear.</P><P>&nbsp;</P><P>One question remains: why did TurboTax not do their job right?</P><P>&nbsp;</P><P>Sincerely,</P><P>Tep Sastri</P> Thu, 11 Feb 2021 21:38:43 GMT https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-los/01/1907468#M683760 tepsastri 2021-02-11T21:38:43Z Re: Form 1099-B Worksheet Cost or Adjusted Basis does not match the value on the Capital Gain(Los... https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-los/01/1969996#M709048 <P>I don't even see anything highlighted to edit. scrolling is tricky and not clear.</P><P>&nbsp;</P><P>Turbotax, you have a timeline to have this resolved?</P> Mon, 22 Feb 2021 19:00:16 GMT https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-los/01/1969996#M709048 cegele86 2021-02-22T19:00:16Z Re: Form 1099-B Worksheet Cost or Adjusted Basis does not match the value on the Capital Gain(Loss) Worksheet. Any ideas what is wrong with my entries when I see this? https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1974388#M710748 <P>Urgent - when is this bug going to be fixed. You get into a circular route trying to use the Turbo Tax worksheet for capital gains and losses. It will not let you file electronically because it keeps saying there is an error. Sometimes it just changes the type of sale - short or long and sometimes it insists on adding more lots for a single transaction. The rounding error is NOT the issue for me.</P> Tue, 23 Feb 2021 06:17:18 GMT https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1974388#M710748 messtax2021 2021-02-23T06:17:18Z Re: Form 1099-B Worksheet Cost or Adjusted Basis does not match the value on the Capital Gain(Loss) Worksheet. Any ideas what is wrong with my entries when I see this? https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1974638#M710850 <P>Hello Messtax2021</P><P>&nbsp;I am one of the Turbo Tax users who also waited, and waited, for the appropriate fix . After having waited too long, I finally decided to file it on paper. Maybe that's what the company wants us to do; they don't want to rewrite the tax codes, since they don't make enough money from this "cheap" version.</P><P>Good luck.</P> Tue, 23 Feb 2021 12:08:31 GMT https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1974638#M710850 tepsastri 2021-02-23T12:08:31Z
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topic Re: Form 1099-B Worksheet Cost or Adjusted Basis does not match the value on the Capital Gain(Loss) Worksheet. Any ideas what is wrong with my entries when I see this? in Get your taxes done using TurboTax
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<link>
https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1820089#M648032
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<description>
<BLOCKQUOTE><HR /><LI-USER uid="70392"></LI-USER>&nbsp;wrote:<BR /> <P>As an active investor, be aware that your category Box A sales without adjustments do not require Form 8949, so there is no reason to import or key in those transactions.<BR />Instead use the "enter a summary" option to put your numbers on Schedule D Line 1a.</P> <HR /></BLOCKQUOTE> <P>The summary option can be used but if you input cents, rather than rounding up or down, the program will still throw an error.</P>
</description>
<pubDate>Sat, 23 Jan 2021 17:53:00 GMT</pubDate>
<dc:creator>tagteam</dc:creator>
<dc:date>2021-01-23T17:53:00Z</dc:date>
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<title>
Form 1099-B Worksheet Cost or Adjusted Basis does not match the value on the Capital Gain(Loss) Worksheet. Any ideas what is wrong with my entries when I see this?
</title>
<link>
https://ttlc.intuit.com/community/taxes/discussion/form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1810432#M644077
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<description/>
<pubDate>Tue, 19 Jan 2021 22:30:26 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/taxes/discussion/form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1810432#M644077
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<dc:creator>rfrancis1</dc:creator>
<dc:date>2021-01-19T22:30:26Z</dc:date>
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Re: Form 1099-B Worksheet Cost or Adjusted Basis does not match the value on the Capital Gain(Loss) Worksheet. Any ideas what is wrong with my entries when I see this?
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<link>
https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1810533#M644115
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<P>You are experiencing some sort of programming error which, hopefully, will be fixed in the next update.</P>
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<pubDate>Tue, 19 Jan 2021 23:07:50 GMT</pubDate>
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https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1810533#M644115
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<dc:creator>tagteam</dc:creator>
<dc:date>2021-01-19T23:07:50Z</dc:date>
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<title>
Re: Form 1099-B Worksheet Cost or Adjusted Basis does not match the value on the Capital Gain(Loss) Worksheet. Any ideas what is wrong with my entries when I see this?
</title>
<link>
https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1819482#M647766
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<description>
<P>Could you please tell me when will the next update be made? My tax return filing is hung up in a forever-repeating loop because of the "does not" match thing!&nbsp;</P><P>&nbsp;</P>
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<pubDate>Sat, 23 Jan 2021 12:51:39 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1819482#M647766
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<dc:creator>tepsastri</dc:creator>
<dc:date>2021-01-23T12:51:39Z</dc:date>
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<title>
Re: Form 1099-B Worksheet Cost or Adjusted Basis does not match the value on the Capital Gain(Loss) Worksheet. Any ideas what is wrong with my entries when I see this?
</title>
<link>
https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1819494#M647771
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<P>I just made a similar post.&nbsp; Mine is because TT rounds to whole dollars on 8949 and uses dollars and cents on 1099-B worksheet. It is flagging this as an error. I can fix it by rounding the Sales and Cost Basis amounts to *.00</P><P>&nbsp;</P><P><A href="https://ttlc.intuit.com/community/taxes/discussion/s[product key removed]s-after-downloading-1099-b-stock-sales/00/1819489" target="_blank">https://ttlc.intuit.com/community/taxes/discussion/s[product key removed]s-after-downloading-1099-b-stock-sales/00/1819489</A></P>
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<pubDate>Sat, 23 Jan 2021 13:08:22 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1819494#M647771
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<dc:creator>mollinmark</dc:creator>
<dc:date>2021-01-23T13:08:22Z</dc:date>
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Re: Form 1099-B Worksheet Cost or Adjusted Basis does not match the value on the Capital Gain(Loss) Worksheet. Any ideas what is wrong with my entries when I see this?
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<link>
https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1819815#M647921
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<P>Updates are typically released on Thursdays, at least for the desktop products. So, figure 1/28/2021.</P>
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<pubDate>Sat, 23 Jan 2021 16:02:11 GMT</pubDate>
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https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1819815#M647921
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<dc:creator>tagteam</dc:creator>
<dc:date>2021-01-23T16:02:11Z</dc:date>
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<title>
Re: Form 1099-B Worksheet Cost or Adjusted Basis does not match the value on the Capital Gain(Loss) Worksheet. Any ideas what is wrong with my entries when I see this?
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<link>
https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1819912#M647960
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<P>Thank you very much, CHAMP tagteam !</P><P>I appreciate the quick reply.</P><P>&nbsp;</P><P>Tep Sastri</P>
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<pubDate>Sat, 23 Jan 2021 16:40:10 GMT</pubDate>
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https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1819912#M647960
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<dc:creator>tepsastri</dc:creator>
<dc:date>2021-01-23T16:40:10Z</dc:date>
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Re: Form 1099-B Worksheet Cost or Adjusted Basis does not match the value on the Capital Gain(Loss) Worksheet. Any ideas what is wrong with my entries when I see this?
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<link>
https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1819924#M647966
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<P>Hi&nbsp;<SPAN>&nbsp;&nbsp;Mollinmark</SPAN></P><P>&nbsp;</P><P><SPAN>I don't know how to fix the TurboTax software like you did !&nbsp; As a customer (not a programmer) how do I tell it to round off the decimal values to zero?</SPAN></P><P><SPAN>Thank you very much for replying. I shouldn't bother you too often. I apologize.&nbsp;</SPAN></P><DIV class="lia-message-author-with-avatar">&nbsp;</DIV><P><SPAN>&nbsp;</SPAN></P>
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<pubDate>Sat, 23 Jan 2021 16:45:14 GMT</pubDate>
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https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1819924#M647966
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<dc:creator>tepsastri</dc:creator>
<dc:date>2021-01-23T16:45:14Z</dc:date>
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Re: Form 1099-B Worksheet Cost or Adjusted Basis does not match the value on the Capital Gain(Loss) Worksheet. Any ideas what is wrong with my entries when I see this?
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<link>
https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1819951#M647973
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<BLOCKQUOTE><HR /><LI-USER uid="2968910"></LI-USER>&nbsp;wrote: <P><SPAN>I don't know how to fix the TurboTax software like you did !&nbsp; As a customer (not a programmer) how do I tell it to round off the decimal values to zero?</SPAN></P> <HR /></BLOCKQUOTE> <P><LI-USER uid="2968910"></LI-USER>&nbsp;</P> <P>&nbsp;</P> <P>I would suggest that you simply wait for the fix rather than using a workaround.&nbsp;</P> <P>&nbsp;</P> <P>The workaround is to round up (or down) your cost or other basis and the proceeds when you enter each transaction (so $500.33 is entered as $500 while $500.77 is entered as $501). Regardless, you should really wait until the developers release the update with the fix for this issue.</P>
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<pubDate>Sat, 23 Jan 2021 16:54:19 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1819951#M647973
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<dc:creator>tagteam</dc:creator>
<dc:date>2021-01-23T16:54:19Z</dc:date>
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<title>
Re: Form 1099-B Worksheet Cost or Adjusted Basis does not match the value on the Capital Gain(Loss) Worksheet. Any ideas what is wrong with my entries when I see this?
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<link>
https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1820073#M648025
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<P>As an active investor, be aware that your category Box A sales without adjustments do not require Form 8949, so there is no reason to import or key in those transactions.<BR />Instead use the "enter a summary" option to put your numbers on Schedule D Line 1a.</P><P>Same for Box D which goes on Schedule D Line 8a.<BR />--<BR />If you have wash sales, it gets more complicated since those adjusted transactions have to be itemized on Form 8949 and the summary totals adjusted accordingly.</P><P>Enter the wash sales on Form 8949, then use the subtotal results on the bottom of that form to know how much to subtract. Be sure to NOT check the adjustments box in the summary window.</P>
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<pubDate>Sat, 23 Jan 2021 17:52:06 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1820073#M648025
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<dc:creator>fanfare</dc:creator>
<dc:date>2021-01-23T17:52:06Z</dc:date>
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<title>
Re: Form 1099-B Worksheet Cost or Adjusted Basis does not match the value on the Capital Gain(Loss) Worksheet. Any ideas what is wrong with my entries when I see this?
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<link>
https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1820089#M648032
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<description>
<BLOCKQUOTE><HR /><LI-USER uid="70392"></LI-USER>&nbsp;wrote:<BR /> <P>As an active investor, be aware that your category Box A sales without adjustments do not require Form 8949, so there is no reason to import or key in those transactions.<BR />Instead use the "enter a summary" option to put your numbers on Schedule D Line 1a.</P> <HR /></BLOCKQUOTE> <P>The summary option can be used but if you input cents, rather than rounding up or down, the program will still throw an error.</P>
</description>
<pubDate>Sat, 23 Jan 2021 17:53:00 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1820089#M648032
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<dc:creator>tagteam</dc:creator>
<dc:date>2021-01-23T17:53:00Z</dc:date>
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Re: Form 1099-B Worksheet Cost or Adjusted Basis does not match the value on the Capital Gain(Loss) Worksheet. Any ideas what is wrong with my entries when I see this?
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<link>
https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1820110#M648046
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<P>I'm not sure how that can be since you are entering a subtotal, not a transaction.</P><P>Anyway, instructions for Schedule D suggest rounding.</P>
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<pubDate>Sat, 23 Jan 2021 18:00:19 GMT</pubDate>
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https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1820110#M648046
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<dc:creator>fanfare</dc:creator>
<dc:date>2021-01-23T18:00:19Z</dc:date>
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Re: Form 1099-B Worksheet Cost or Adjusted Basis does not match the value on the Capital Gain(Loss) Worksheet. Any ideas what is wrong with my entries when I see this?
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<link>
https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1820212#M648090
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<BLOCKQUOTE><HR /><LI-USER uid="70392"></LI-USER>&nbsp;wrote:<BR /> <P>I'm not sure how that can be since you are entering a subtotal, not a transaction.</P> <P>Anyway, instructions for Schedule D suggest rounding.</P> <HR /></BLOCKQUOTE> <P>Because it is a bug in the software. If the user rounds, the issue will not arise, though.</P>
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<pubDate>Sat, 23 Jan 2021 18:35:58 GMT</pubDate>
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https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1820212#M648090
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<dc:creator>tagteam</dc:creator>
<dc:date>2021-01-23T18:35:58Z</dc:date>
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<title>
Re: Form 1099-B Worksheet Cost or Adjusted Basis does not match the value on the Capital Gain(Loss) Worksheet. Any ideas what is wrong with my entries when I see this?
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<link>
https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1820252#M648111
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<P>Thank you for suggesting that I wait till TurboTax fixes the roundoff function. Well, I hope they 'll do it soon enough before the IRS deadline.</P><P>I appreciate your concern.</P>
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<pubDate>Sat, 23 Jan 2021 18:49:23 GMT</pubDate>
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https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1820252#M648111
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<dc:creator>tepsastri</dc:creator>
<dc:date>2021-01-23T18:49:23Z</dc:date>
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Re: Form 1099-B Worksheet Cost or Adjusted Basis does not match the value on the Capital Gain(Loss) Worksheet. Any ideas what is wrong with my entries when I see this?
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<link>
https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1821387#M648569
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<P>Excellent detective work!&nbsp; Hope they fix this with an update.</P>
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<pubDate>Sun, 24 Jan 2021 00:47:30 GMT</pubDate>
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https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1821387#M648569
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<dc:creator>BKODA</dc:creator>
<dc:date>2021-01-24T00:47:30Z</dc:date>
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Re: Form 1099-B Worksheet Cost or Adjusted Basis does not match the value on the Capital Gain(Loss) Worksheet. Any ideas what is wrong with my entries when I see this?
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<link>
https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1830700#M652531
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<P>After reading your post. I rounded to whole dollars which took care of the problem.</P>
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<pubDate>Tue, 26 Jan 2021 21:13:54 GMT</pubDate>
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https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1830700#M652531
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<dc:creator>Linda5455</dc:creator>
<dc:date>2021-01-26T21:13:54Z</dc:date>
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Re: Form 1099-B Worksheet Cost or Adjusted Basis does not match the value on the Capital Gain(Loss) Worksheet. Any ideas what is wrong with my entries when I see this?
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<link>
https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1830715#M652535
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<BLOCKQUOTE><HR /><LI-USER uid="3000590"></LI-USER>&nbsp;wrote:<BR /> <P>After reading your post. I rounded to whole dollars which took care of the problem.</P> <HR /></BLOCKQUOTE> <P>Yes, you can round when you enter the transactions if you have one or a few sales, but the users who have dozens, hundreds, or more transactions should really wait for the fix.</P>
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<pubDate>Tue, 26 Jan 2021 21:16:20 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1830715#M652535
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<dc:creator>tagteam</dc:creator>
<dc:date>2021-01-26T21:16:20Z</dc:date>
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<title>
Re: Form 1099-B Worksheet Cost or Adjusted Basis does not match the value on the Capital Gain(Loss) Worksheet. Any ideas what is wrong with my entries when I see this?
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<link>
https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1831112#M652695
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<P>Dear Linda5455,</P><P>You didn't use the online TurboTax, did you?</P><P>How would you do the roundoff in the online version?</P>
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<pubDate>Tue, 26 Jan 2021 22:36:48 GMT</pubDate>
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https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1831112#M652695
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<dc:creator>tepsastri</dc:creator>
<dc:date>2021-01-26T22:36:48Z</dc:date>
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<item>
<title>
Re: Form 1099-B Worksheet Cost or Adjusted Basis does not match the value on the Capital Gain(Los...
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<link>
https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-los/01/1874287#M669974
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<description>
<P><SPAN style="font-size:12pt"><SPAN style="font-family:&quot;Times New Roman&quot;,serif"><SPAN style="font-size:11.0pt"><SPAN style="font-family:&quot;Calibri&quot;,sans-serif"><SPAN style="color:#393a3d">Another option, type in 4 lines manually. Each line is the total for that type of transaction. The IRS has the same brokerage statement and totals.&nbsp;</SPAN></SPAN></SPAN></SPAN></SPAN></P> <P><SPAN style="font-size:12pt"><SPAN style="font-family:&quot;Times New Roman&quot;,serif"><SPAN style="font-size:11.0pt"><SPAN style="font-family:&quot;Calibri&quot;,sans-serif"><SPAN style="color:#393a3d">Enter the totals for each:</SPAN></SPAN></SPAN></SPAN></SPAN></P> <UL> <LI><SPAN style="font-size:12pt"><SPAN style="color:#393a3d"><SPAN style="font-family:&quot;Times New Roman&quot;,serif"><SPAN style="font-size:11.0pt"><SPAN style="font-family:&quot;Calibri&quot;,sans-serif">short term covered</SPAN></SPAN></SPAN></SPAN></SPAN></LI> <LI><SPAN style="font-size:12pt"><SPAN style="color:#393a3d"><SPAN style="font-family:&quot;Times New Roman&quot;,serif"><SPAN style="font-size:11.0pt"><SPAN style="font-family:&quot;Calibri&quot;,sans-serif">short term non-covered</SPAN></SPAN></SPAN></SPAN></SPAN></LI> <LI><SPAN style="font-size:12pt"><SPAN style="color:#393a3d"><SPAN style="font-family:&quot;Times New Roman&quot;,serif"><SPAN style="font-size:11.0pt"><SPAN style="font-family:&quot;Calibri&quot;,sans-serif">long term covered</SPAN></SPAN></SPAN></SPAN></SPAN></LI> <LI><SPAN style="font-size:12pt"><SPAN style="color:#393a3d"><SPAN style="font-family:&quot;Times New Roman&quot;,serif"><SPAN style="font-size:11.0pt"><SPAN style="font-family:&quot;Calibri&quot;,sans-serif">long term non-covered</SPAN></SPAN></SPAN></SPAN></SPAN></LI> </UL> <P><SPAN style="font-size:12pt"><SPAN style="color:#393a3d"><SPAN style="font-family:&quot;Times New Roman&quot;,serif"><SPAN style="font-size:11.0pt"><SPAN style="font-family:&quot;Calibri&quot;,sans-serif">@</SPAN></SPAN></SPAN></SPAN></SPAN>tepsastri</P>
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<pubDate>Thu, 04 Feb 2021 20:13:29 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-los/01/1874287#M669974
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<dc:creator>AmyC</dc:creator>
<dc:date>2021-02-04T20:13:29Z</dc:date>
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<title>
Re: Form 1099-B Worksheet Cost or Adjusted Basis does not match the value on the Capital Gain(Los...
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<link>
https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-los/01/1902837#M681853
</link>
<description>
<P>Still waiting for the update?</P><P>I just rounded the values up as they were flagged as suggested.&nbsp; Worked like a charm.</P>
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<pubDate>Wed, 10 Feb 2021 21:59:55 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-los/01/1902837#M681853
</guid>
<dc:creator>lkwhitted</dc:creator>
<dc:date>2021-02-10T21:59:55Z</dc:date>
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<item>
<title>
Re: Form 1099-B Worksheet Cost or Adjusted Basis does not match the value on the Capital Gain(Los...
</title>
<link>
https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-los/01/1902875#M681865
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<description>
<P>Hello lkwhitted</P><P>&nbsp;</P><P>How do I round "<SPAN>the values"&nbsp;</SPAN>as you suggested, using the online&nbsp;tax return version?</P><P>Sincerely,</P><P>Tep</P>
</description>
<pubDate>Wed, 10 Feb 2021 22:05:39 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-los/01/1902875#M681865
</guid>
<dc:creator>tepsastri</dc:creator>
<dc:date>2021-02-10T22:05:39Z</dc:date>
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<title>
Re: Form 1099-B Worksheet Cost or Adjusted Basis does not match the value on the Capital Gain(Los...
</title>
<link>
https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-los/01/1906811#M683504
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<description>
<P>As you go thru the problems found the amount in question will be highlighted and the amount will be in a entry box.&nbsp; if the decimal (cents) amount is .50 or greater backspace and remove the cent entry note the dollar amount and add one dollar to it. &nbsp;&nbsp; $2384.54&nbsp; original amount &nbsp; $238&lt;-&lt;-&lt;-&lt;- back 4 times&nbsp; enter an additional dollar to the amount $2385 at this point hit enter to enter the amount the program will record $2385.00 in the form.</P><P>In like manner if the decimal (cents) amount is .49 or lower&nbsp; original amount of&nbsp; $3564.46 will round down. Backspace and remove the cent entry note the dollar amount and subtract 1 one dollar from it.</P><P>$356&lt;-&lt;-&lt;-&lt;-&nbsp; reducing the amount by one dollar $3563 hit enter and the program will record $3563.00 in the form.</P><P>Preform this operation for each disputed entry effectively rounding the cent value to the near its dollar amount.&nbsp;</P><P>re-run the check to verify the corrections.</P><P>I apologize if the above seems to overly simplistic</P><P><span class="lia-unicode-emoji" title=":thumbs_up:">👍</span>getting the taxes out of the way</P><P>&nbsp;</P>
</description>
<pubDate>Thu, 11 Feb 2021 19:53:53 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-los/01/1906811#M683504
</guid>
<dc:creator>lkwhitted</dc:creator>
<dc:date>2021-02-11T19:53:53Z</dc:date>
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<item>
<title>
Re: Form 1099-B Worksheet Cost or Adjusted Basis does not match the value on the Capital Gain(Los...
</title>
<link>
https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-los/01/1907468#M683760
</link>
<description>
<P>I truly appreciate your kind explanation in great details !</P><P>It's now very clear.</P><P>&nbsp;</P><P>One question remains: why did TurboTax not do their job right?</P><P>&nbsp;</P><P>Sincerely,</P><P>Tep Sastri</P>
</description>
<pubDate>Thu, 11 Feb 2021 21:38:43 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-los/01/1907468#M683760
</guid>
<dc:creator>tepsastri</dc:creator>
<dc:date>2021-02-11T21:38:43Z</dc:date>
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<title>
Re: Form 1099-B Worksheet Cost or Adjusted Basis does not match the value on the Capital Gain(Los...
</title>
<link>
https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-los/01/1969996#M709048
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<description>
<P>I don't even see anything highlighted to edit. scrolling is tricky and not clear.</P><P>&nbsp;</P><P>Turbotax, you have a timeline to have this resolved?</P>
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<pubDate>Mon, 22 Feb 2021 19:00:16 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-los/01/1969996#M709048
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<dc:creator>cegele86</dc:creator>
<dc:date>2021-02-22T19:00:16Z</dc:date>
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<title>
Re: Form 1099-B Worksheet Cost or Adjusted Basis does not match the value on the Capital Gain(Loss) Worksheet. Any ideas what is wrong with my entries when I see this?
</title>
<link>
https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1974388#M710748
</link>
<description>
<P>Urgent - when is this bug going to be fixed. You get into a circular route trying to use the Turbo Tax worksheet for capital gains and losses. It will not let you file electronically because it keeps saying there is an error. Sometimes it just changes the type of sale - short or long and sometimes it insists on adding more lots for a single transaction. The rounding error is NOT the issue for me.</P>
</description>
<pubDate>Tue, 23 Feb 2021 06:17:18 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1974388#M710748
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<dc:creator>messtax2021</dc:creator>
<dc:date>2021-02-23T06:17:18Z</dc:date>
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<item>
<title>
Re: Form 1099-B Worksheet Cost or Adjusted Basis does not match the value on the Capital Gain(Loss) Worksheet. Any ideas what is wrong with my entries when I see this?
</title>
<link>
https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1974638#M710850
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<description>
<P>Hello Messtax2021</P><P>&nbsp;I am one of the Turbo Tax users who also waited, and waited, for the appropriate fix . After having waited too long, I finally decided to file it on paper. Maybe that's what the company wants us to do; they don't want to rewrite the tax codes, since they don't make enough money from this "cheap" version.</P><P>Good luck.</P>
</description>
<pubDate>Tue, 23 Feb 2021 12:08:31 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/taxes/discussion/re-form-1099-b-worksheet-cost-or-adjusted-basis-does-not-match-the-value-on-the-capital-gain-loss/01/1974638#M710850
</guid>
<dc:creator>tepsastri</dc:creator>
<dc:date>2021-02-23T12:08:31Z</dc:date>
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