Why is the adjustment amount zero for a code "B" adjustment on Schedule D?

Forum|Forum|1 year ago
March 3, 2025
1 reply
9 views

In 2023, the adjustment code "B" for ESPP adjustments showed an amount. However, 2024 the code "B" adjustment is zero. Rather, the software changed the Cost/Basis amount. Thus, it does not match the 1099-B. The support person refused to look at the screen for both years and was extremely unhelpful. I believe the software should be updated, but I'm not sure what else to do. Any suggestions? I don't want to override, as I want to E-file.

ProSeries Professional

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sjrcpa

Level 15

Aren't you supposed to enter the amount of the adjustment?

EDIT: Oh, I think you are saying you did but the software changed the basis and left the adjustment column blank.

The more I know the more I don’t know.

V

vaustincpaAuthor

Level 2

I entered the cost basis on the "Quick Entry" sheet of Form 8949, double-clicked to enter all of the Employee Stock Purchase Plan information, double-checked the amount reported as wages on the W-2. That amount was automatically entered in the adjustment column in 2023, for adjustment type "B". However, this year, that amount was simply added to the cost basis I entered, rather than appearing in the adjustment column. Thus, the 1099-B cost basis column and the tax return do not match. It's frustrating.

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