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Level 2
posted Feb 18, 2024 5:22:11 PM

Form 1099-B worksheet adjustment values needed

I am required to enter 413 adjustment values in my 1099-B Worksheet Capital Asset Sales Worksheet with Code N.  I worked for over two days only to seem my federal tax increase inci=orrectly because my capital gains was incorrectly revised, probably because I subtracted a few entries incorrectry.  I delyeted thge import for Morgan Stanley and started over only to find the same 4123 vale adjustments nee3ded.  Is the value the substraction between the Sale Date and Acquisition Date?  Why is this happening?

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1 Replies
Expert Alumni
Mar 4, 2024 5:20:14 AM

The issue with 1099-B's incorrectly importing with adjustment code N has now been resolved.  

 

Please delete your imported 1099-B and update TurboTax if you are using a CD/downloaded version.  Then, re-import your data for the Form 1099-B.

 

If this doesn't resolve the issue, please let us know so that we can assist you further.