gytt
Level 2

Get your taxes done using TurboTax

Thank you again @JosephS1 !

The 1099-B Instructions page does not clear out my confusion ๐Ÿ˜•.

You mentioned "2 separate 1099-B's" in cases of box E checked and box B checked. If the broker sends different copies of 1099-B to me with the cost basis and to the IRS without it, then I am cleared as why I am reported the cost basis, but not the IRS. From the beginning of this conversion, I assumed that the same copy of 1099-B form is always sent to both me and the IRS. Am I right now ๐Ÿ˜Š, or not really?