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Level 3
posted Mar 2, 2025 11:04:20 PM

Should I submit only summary total for 1099-B with disqualified ESPP transactions?

My 1099-B has some disqualified ESPP transactions (marked as covered securities), and 100+ regular company stock sale transactions (marked as non-covered securities).


Instead of listing out individual transactions one by one, is it fine for me to provide a summary total of the 1099-B (one for covered securities, and another for non-covered securities)?

My W-2 does have the ESPP ordinary income recorded, and I do attach the 1099-B PDF for tax return e-filing.

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1 Best answer
Expert Alumni
Mar 3, 2025 10:38:01 AM

Yes, you can do the summary entry if you attach a copy of the Form 1099-B form showing the detail of investment sales.

1 Replies
Expert Alumni
Mar 3, 2025 10:38:01 AM

Yes, you can do the summary entry if you attach a copy of the Form 1099-B form showing the detail of investment sales.