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Level 4
posted Mar 25, 2024 6:21:55 PM

Form 1099-B Adjustment Code N

I am using TT desktop and have the latest version.

 

I have read a few posts on Form 1099-B with incorrect adjustment code N.

 

I have completed all income and deductions and am doing a federal review.

And then a whole list of "adjustment code N" error.

These posts are suggesting deleting old Form 1099-B , re-importing the Form 1099-B.

 

My problem is I have made significant changes to some of these transactions as they involve ESPP.

So how can I resolve this issue without having to re-enter these stock transactions ?

 

 

 

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1 Replies
Expert Alumni
Mar 26, 2024 5:40:51 AM

The issue with 1099-B's incorrectly importing with adjustment code N has now been resolved.  Please delete your imported 1099-B, update your TT Desktop software, and then re-import.