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Line 1e on my 1099b shows -0.42 (Cost-Other Basis) and Turbotax is giving me a message I am not eligible to e-file, Can I change this amount to 0 (zero) so I can e-file?

 
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1 Best answer

Accepted Solutions
PatriciaV
Employee Tax Expert

Line 1e on my 1099b shows -0.42 (Cost-Other Basis) and Turbotax is giving me a message I am not eligible to e-file, Can I change this amount to 0 (zero) so I can e-file?

Yes, you may round this amount down to zero. The IRS uses round dollars only, so this amount should be zero.

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2 Replies
PatriciaV
Employee Tax Expert

Line 1e on my 1099b shows -0.42 (Cost-Other Basis) and Turbotax is giving me a message I am not eligible to e-file, Can I change this amount to 0 (zero) so I can e-file?

Yes, you may round this amount down to zero. The IRS uses round dollars only, so this amount should be zero.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Line 1e on my 1099b shows -0.42 (Cost-Other Basis) and Turbotax is giving me a message I am not eligible to e-file, Can I change this amount to 0 (zero) so I can e-file?

Thank you!
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