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Error message for 1099B Worksheet

It is April 04, 2021. I am using Turbotax and got the same error. I already rounded the cost to be not have a decimal number, but still seeing the same error.  The TurboTax was updated. How to bypass this error now? thanks

Error message for 1099B Worksheet

You might have to delete the form and start again.  Here's how:

 

How do I view and delete forms in TurboTax Online?

  • Open or continue your return in TurboTax.
  • In the left menu, select Tax Tools and then Tools.
  • In the pop-up window Tool Center, choose Delete a form.
  • Select Delete next to the form/schedule/worksheet in the list and follow the instructions.

 

You can then jump straight to the section for your specific 1099 form. Here's how:

  1. Sign in to TurboTax and open or continue your return. 
  2. Search for 1099-B and select the Jump to link in the search results.
  3. Follow the screens and you’ll be able to import your form.

Tip: Be sure to select the right financial institution or brokerage from the list. For example, several participating partners' names start with First National Bank and if you select the wrong First National Bank, you won't be able to import.

You can import up to 1,500 transactions from your financial institution in TurboTax Online.

Go here to see how to take a picture of your 1099-MISC in the mobile app.

 

Here is a TurboTax article about 1099-B, Proceeds from Broker transactions.

Error message for 1099B Worksheet

Thanks. I deleted and reentered the data for RSU stock sales. However, it shows a category of box E: long term sales with cost basis NOT reported to the IRS. When click on Edit, it returned to the previous screen. I already entered the RSU costs the same as on the previous year's W2 report and everything was reported to IRS. Any reason why I am seeing this message? thanks

 

btw, now when I run the smart check, the previous error is gone. 

Error message for 1099B Worksheet

@onemoment Please clafiy: did you record the cost basis of the stock on form 1099B?  It sounds like the software isn't picking that up, and could be telling you that you've got to pay taxes on the whole sale.  

 

 

Error message for 1099B Worksheet

@ReneeM7122 . I already entered the costs for each sales to the software and on the summary page. It shows this message with the total gain/loss. 

 

It shows:

Category  = box E

Description: Long term sales with cost basis not report to IRS.

Total G/L amount

 

If click on edit, it brings me back to the previous page of each sales. The smart check all passed. I am not sure why seeing this message. 

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