On the brokers 1099B they list all transactions except for the cost basis for the original shares which i inherited in 1980. Turbotax is telling me i need to upload or mail in a 1099B because i need to come up with my own basis for original shares? The broker already sent in the 1099B to IRS, why do I?
@jaclacrjclec wrote:
What does turbotax expect me to mail in?
It's not going to help to mail anything in if you don't have the 1980 basis for the shares you sold, and you don't need to mail anything in if you supply that basis in the program.
Enter your E-mail address. We'll send you an e-mail with instructions to reset your password.
©1997-2022 Intuit, Inc. All rights reserved.
Intuit,
QuickBooks, QB, TurboTax, ProConnect, and Mint are registered
trademarks
of Intuit Inc. Terms and conditions, features, support, pricing,
and service options
subject to change without notice.
Security
Certification of the TurboTax Online application has been
performed by
C-Level Security.
By accessing and using this page you
agree to the
Terms of Use.
Accessibility
