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April 1, 2025
Question

My stock sales transferred over automatically except for 25. each of these are missing the cost basis and total proceeds are like $10. do i need to enter all by hand?

  • April 1, 2025
  • 1 reply
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    1 reply

    April 2, 2025

    Yes, you will need to adjust/add each of them manually if not all of them transferred successfully.

     

    If you have more than 25 transactions that need to be reviewed, adjusted, or that need to be added, you might want to enter them as a sales summary instead of fixing them one by one. Below is a link on how to remove those transactions and instead input them as a whole summary
     

    Use summary filing


     

    fanfare
    Employee
    April 3, 2025

    If you summarize the transactions with missing or wrong basis (Box B or Box E) you will need to mail the details of those transactions to the IRS. So, that's not much help.

     

    @counselor155 

    fanfare
    Employee
    April 3, 2025

    Your consolidated 1099-B Sections B, E, can be mailed, but only if you are willing to accept the wrong basis.

     

    @counselor155