turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

CharlieRP
Returning Member

Stock cost basis

I have a question similar to one I saw regarding employee stock.  Some of my investments are MANAGED by JPMorgan.  The 1099-B includes 1 stock listed under "Unknown Term Gains or Loses."  The Quantity Sold is blank. The Date Acquired, Cost or Other Basis, Acquired Market Discount, Wash Sale Loss Disallowed and Gain/Loss Amount are all listed as N/A.  "Cash in Lieu" is listed as additional information.  This is not a large holding as the Proceeds Reported to IRS are only $64.33.  However, I cannot list it in Turbotax and the Smart Check will not allow me to proceed.  Although I have checked for this stock the box for "The cost basis is incorrect or missing on my 1099-B", the software will not allow be to bypass the entry for "Box 1e - Cost or other basis."  I seem to be stuck in a loop.  Any suggestions on how to proceed would be greatly appreciated!  Thanks  CharlieRP

 

 

 

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question