I have a 1099-B with an unknown cost basis... the date acquired says n/a and in the "additional info" it says it was a principal payment (so not a sale). I don't think this income is supposed to be taxed, but I don't know what to enter in turbo tax for the date and/or the cost basis. There are no "n/a" options!
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Do you have an IRS form 1099-B that does not report cost basis or date acquired?
There are cases when the issuer of the IRS form 1099-B does not have the information or is not required to report the information that they have.
You may have to refer to your personal records including sales tickets to locate the information that is needed.
You may enter an IRS form 1099-B into TurboTax Premium Online on a One by one basis by following these steps.
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