Thanks Phil and loopholes.Yes, I knew about the reduction in basis. I will have to review my sales.Yes, I knew it was amending the returns. Sloppy terminology on my part.From a mechanical standpoint, can I amend both returns with TT2010, or do I have to load up TT2009 to amend that one (i.e. will 2010 read the 2009 tax file and allow me to produce the 1040X for it?). I got a new computer last fall, so 2009 is not loaded (or updated).I did receive new 1099s, and the only difference is that box 3 has the return of assets value in it, and the dividend is reduced by that amount. Seems like that would be a fairly trivial amendment to make. The bigger problem will be the basis reduction because I did sell a portion of the stock, but NOT all of it. Not even most of it, actually.1poorguy
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