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Level 2
February 17, 2025
Question

Missing Info on 1099-B

  • February 17, 2025
  • 1 reply
  • 5 views

Tax form has "0.000" in Quantity column and no entry in the "Cost or other basis" column.  Total proceeds equal $3.20.  Turbo Tax flagged this and I am not sure how to proceed.  Any suggestions?

 

    1 reply

    Level 15
    February 24, 2025

    Enter a zero for the cost basis and a 0.1 for the quantity.  That doesn't change anything and is correct and should get the software to recognize it.

     

    @kubotadave 

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