AURORASKY
Level 1

My client has a 1099-B with missing basis that was not reported to IRS.  The cost basis location will not take words.  How do I enter this on his return?

0 Cheers
IRonMaN
Level 15

You need someone to do some homework to determine the amount of cost to enter


Slava Ukraini!
Just-Lisa-Now-
Level 15
Level 15
They need to dig up the purchase records or get the broker to help them find the basis or the basis is zero.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

View solution in original post

dd4vols
Level 10
Level 10

Heck, I'm kinda wondering what words you wanted to insert there?

If an answer solves your issue, click on the "Accept as Solution" button! Makes it easier for people to find answers to similar questions that have already been posted.
Just-Lisa-Now-
Level 15
Level 15
I see statements that says Basis is Unknown or Unavailable

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
0 Cheers