1099B import - zero cost basis imports as blank

[Robbie V]

Greetings -

I have imported a 1099-B from an investment account that includes thousands of transactions.  Included in the transactions are ~1000 "buy to cover" transactions that have a cost basis of zero.  

The import appears to view the value of $0.00 as blank.  This will require me to make ~1000 edits where I enter $0.00 in the blank field.  When I look at a downloaded pdf copy of the 1099-B I can see the value of $0.00 in the cost basis.

Is there any way for me to:

• View or edit the import either before (or after) loading it into TurboTax so I can more quickly update the blanks to $0.00?  
• More quickly update the values to $0.00 rather than working though every single transaction individually (I've already looked through Step by Step and Forms)

Is it perhaps better to skip the import completely and manually type in the summarized 1099-B info? 

The company providing the download is Pershing Advisor Solutions LLC (a BNY Mellon company).  This has happened for several years with them and I've usually spent time manually entering the zero values but the number of transactions this year is just too large. 

Thanks for any assistance.

[DavidD66]

I recommend you delete the download, and then manually enter the category totals.  

You can enter summary totals for each asset sale category.  It will require you to either upload to TurboTax a copy of your Form 1099-B, or mail it, with Form 8453, (which TurboTax will generate).  To do this in TurboTax Online:

• Click on Search and type in "Form 1099-B"
• Click on "Jump to 1099b"
• Answer Yes to "Did or will you receive a 1099-B form or brokerage statement for these sales? "
• Click on "I'll type it in myself"
• Answer the questions about employee stock, etc.
• Click on "Let's enter a summary" button and click Continue
• Enter your Investment Sale information and repeat until you have entered for each category.

 After entering all your category summaries, Look for "To finish reporting these sales, follow the mailing instructions" and click on the link for these instructions:

Mailing Instructions

Take a moment to double-check that your statements are complete. For each sale listed, there should be:

 - A Description

 - Date Acquired

 - Date Sold

 - Sales Price

 - Cost Basis

 - Gain or loss for each sale

 - A sale category based on how the sale was reported to you and the IRS

In some uncommon cases, there will be an adjustment code and adjustment amount.

NOTE: Any sales summaries that include only Box A or Box D sales, and which have no adjustments to gain/loss, do not need to be included on a statement mailed to the IRS.

Here's how to mail your statements:

If you are e-filing your tax return, then mail your statements along with Form 8453 to:

 Internal Revenue Service

 Attn: Shipping and Receiving, 0254

 Receipt and Control Branch

 Austin, TX 73344-0254

If you are not e-filing, then mail your statements with your entire tax return to your local IRS office.

* The questions you are asked by the program may vary depending upon what, if anything, you may have already entered related to investment sales.