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Level 1
posted Feb 17, 2025 12:40:24 PM

Missing Info on 1099-B

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?

 

0 1 166
1 Replies
Expert Alumni
Feb 24, 2025 7:48:09 AM

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