Welcome back! Ask questions, get answers, and join our large community of tax professionals.
- Topics
- Training
- Community
- Product Help
- Industry Discussions
- User Groups
- Discover
- Resources
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
- Intuit Accountants Community
- :
- Lacerte Tax
- :
- Lacerte Tax Discussions
- :
- IF COST OR BASIS ON 1099-B IS SHOWING NOT ON FILE WHAT SHOULD I PUT ON LACERTE
IF COST OR BASIS ON 1099-B IS SHOWING NOT ON FILE WHAT SHOULD I PUT ON LACERTE
Options
- Mark Topic as New
- Mark Topic as Read
- Float this Topic for Current User
- Bookmark
- Subscribe
- Printer Friendly Page
dmufeed
Level 2
02-23-2022
11:16 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Labels
2 Comments 2
abctax55
Level 15
02-23-2022
11:25 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
- 0 -
UNLESS your client or his financial advisor can come up with the actual cost basis.
"*******Tax software is no substitute for a professional tax preparer*******
( Generic Comment )"
( Generic Comment )"
BobKamman
Level 15
02-23-2022
11:41 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
If your client doesn't have the purchase confirmation but knows it was in 1988, use the lowest price it traded that year. Zero is for people too lazy to make a reasonable estimate.
