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Level 2
Apr 14, 2025 6:03 PM UTC
Question

Incorrect 1099-B Reported by brokerage

Nadex has reported my 1099-B incorrectly, How would I report this to IRS as they are not evening bothering to check/help?

    1 reply

    Alumni - Intuit
    Apr 16, 2025 12:20 AM UTC

    When entering the 1099-B transaction, if you need to adjust your cost basis check the box that says that your cost basis is incorrect. You will be asked about the adjustment you need to make.