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Level 2
February 17, 2024
Question

Capital asset sales worksheet help

  • February 17, 2024
  • 1 reply
  • 0 views

I sold some stock that I had for many years. It was held in E*TRADE and I imported the 1099B directly into my Turbo Tax Premier. When I do a smart review, I get errors saying adjustment amount must have a value when an adjustment code (other than C, M, or T is entered). Code N has been entered. What value do I put in the highlighted box? Do I even need to fill it in?

    1 reply

    Level 2
    February 17, 2024

    Same for me.  Please fix this Turbo Tax or E*Trade

    Level 2
    February 17, 2024

    Same thing for me. Uploaded 1099 from eTrade. Capital Asset Sales Worksheet is adding an Adjustment Code "N" . It's nothing that I entered. I can't figure out how to override the "N", and I can't get past the Federal Review check without putting in a dollar amount for the adjustment.

    hfdadAuthor
    Level 2
    February 17, 2024

    I did find out that N code stands for non covered securities. Maybe that code shouldn’t even be there?