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Level 2
posted Mar 13, 2025 5:41:13 PM

Form 8949 cost basis edit in TurboTax 2024 premier Mac version

How do I modify the cost basis in Form 8949 (or in any way), if my broker's 1099-B didn't have it correctly? I sold some mutual fund that was acquired in 2006, and the owner of the broker has changed twice since then so they didn't have the correct basis. Now TT imported 1099-B from the broker but I could not modify the basis. In previous years I was able to do that in the "Forms" mode. Thanks!

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1 Replies
Level 2
Mar 13, 2025 11:56:46 PM

Found the answer in another thread below. The cost basis should be adjusted in the Capital Asset Sales Worksheet, not in 8949.

https://ttlc.intuit.com/community/taxes/discussion/form-8949-data-can-t-be-entered/00/3411018