You'll need to sign in or create an account to connect with an expert.
You must report this even if it is not reported to the IRS.
Also, prior to 2008 brokers were not required to record the stock basis of stocks or mutual funds.
what type of security? on the 1099-B what is the type?
for types C, D, F, G and X, the broker is not required to report tax basis to the IRS though if you imported it the trade should appear on form 8949. You are responsible for including this trade on your return. perhaps if you provide more info we can provide more clarification. actual amounts and personal info like broker are not required
I understand I need to report this transaction. But this meant I have to report a loss for the stock I did not sell in 2024. I already reported the gain that I sold back in 2018. If I reported in 2024, is it double counting?
Security type is Stock, Box F stated on my 1099-B for this stock. How do I report this transaction if I did not own and sell the stock (AMR) in 2024. The gain related to this transaction (AAL) I already report back in 2018 when I sold the stock (AAL) distribution from AMR. What is the correct way to report this?
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
gtbyrd
Level 1
busybella
New Member
Alisha1976
New Member
rob3025
Level 1
jcpiano
Level 2