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May 26, 2025
Question

1099 B downloaded does not show any cost of sold investment. How can I input the correct cost?

  • May 26, 2025
  • 1 reply
  • 0 views
the item in the system shows "need review"

    1 reply

    fanfare
    May 30, 2025

    Yoou are probably dealing with transactions marked for Box B or Box E.


    For non-covered securities ( BOX B or E) showing zero (wrong) basis, enter the correct basis yourself.
    Use code "B" and put -0- in col (g).

    This means you enter the basis from your own records or calculations.


    For Box A or D, leave basis as reported, use Code "B" and put an adjustment in col(g).
    If the basis is not reported to IRS, there's nothing to adjust.
    -
    If you check the box indicating you have other boxes on your 1099-B to enter, TurboTax will do it this way.

     

    @jcohen8317