If my 1099-B form number is all correct, when Turb...
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0429ems
New Member

If my 1099-B form number is all correct, when TurboTax is asking to "Check this Entry" for the Cost or Adjusted Basis how do I clear the need to review the entry?

 
2 Replies
BillM223
Employee Tax Expert

If my 1099-B form number is all correct, when TurboTax is asking to "Check this Entry" for the Cost or Adjusted Basis how do I clear the need to review the entry?

Is the basis zero? If so, did you explicitly enter a 0 (as opposed to leaving the field blank)?

 

If your basis is not zero and you entered it, well, that would need more investigation.

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BillM223
Employee Tax Expert

If my 1099-B form number is all correct, when TurboTax is asking to "Check this Entry" for the Cost or Adjusted Basis how do I clear the need to review the entry?

Also, you said that this happened in the Review. Can you go back to the original 1099-B input interview and enter the zero or basis there? I say this because things entered in the Review don't always work - they should be entered in the original input screen.

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