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Question

How do you enter the basis adjustment associated with the sale of a second home for turbo tax premier online?

Forum|Forum|11 months ago
April 9, 2025
1 reply
0 views

I have a 1099-s. Entered the basis cost. Entered the Sales cost. How do I enter the adjusted basis cost?

To change basis on investments:

Sign into TurboTax
There is a Sidebar to the left
Under Federal
Select Wages & Income
In the main body, scroll down to Investments and Savings (1099-B, 1099-INT, 1099-DIV, 1099-K, Crypto)
Depending on what you've already posted, you may see different screens
If you've already entered transactions, select the account to change
[Edit]
Choose the stock (Use the Pencil)
Under the Cost or other basis
Choose The cost basis is incorrect or missing on my 1099-B.
Make the changes

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