- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
the issue is that the IRS will get a 1099-B with the proceeds reported whereas your return will show no proceeds. You might get a notice from the IRS for the missing proceeds (it may depend on the amount). so you have options. don't report the sale and wait to see if you get a notice and follow the instructions on it, e-file correctly or paper file with a manually prepared schedule D.
.
‎January 28, 2024
1:27 PM