2267452
You'll need to sign in or create an account to connect with an expert.
TurboTax will ask about adjustments when you are entering your stock transaction. Check the box "I have other boxes on my 1099-B to enter" to enter a wash sale amount.
An adjustment in the cost basis will show up in column G if you check the box "The cost basis is incorrect or mission on my 1099-B" and adjust the amount in Box 1e.
Hank you for your response but this is for a 1099 S so the input screens are different. And although the summary shows a place for adjustments when I go into Edit the input there is no place to enter the adjustment and select code N as the explanation to appear in a form 8949.
Keep going:
Thank you for your help but I had to actually use the CD/Download version of TurboTax to be able to do this. Im not sure why but that is what I was told.
Thanks Carrie,
Lynn W.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
djpmarconi
Level 1
vanminhcao
Returning Member
Rockpowwer
Level 4
chasitygarrison19
New Member
SoftwareIssue
Returning Member