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February 19, 2024
Question

Code N incorrectly added to column f on form 8949 for RSU sales (should just be B).

  • February 19, 2024
  • 1 reply
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I have RSU sales with 1099-B and box B checked.  On my 1099-B the basis is reported as 0, so in easy step I select RSU from the drop down for "What type of investment did you sell" and then check the box for "The cost basis is incorrect or missing on my 1099-B".  On the next screen I enter the basis under "I found my cost basis".  On the final form 8949 TurboTax is populating codes B and N.  N is code for "Nominee of the actual owner of the property".  Why is it adding N?  N has different rules for reporting in columns g, and your amount in column h should be 0.

    1 reply

    RachelW33
    February 26, 2024

    There was an issue with 1099-B's incorrectly importing with adjustment code N; however, it has now been resolved. 

     

    Please let us know if you are still having issues so that we can assist you further.

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