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1099-B (Cash Certificate)
I have a cash account with my broker that I was using as a Savings account. I withdrew cash on two separate occasions. I received a 1099-B because, according to my broker, the cash was held in a cash ultra-short liquid certificate. The reported loss/gains are $0 so my broker is telling me that I should not see any tax consequences from the movement of that cash. I'm just not certain how I should proceed. TurboTax wants to know about the sale of investments in order to properly complete the 8949 form and I don't know what to say here because I didn't sell anything.
‎January 30, 2024
1:17 PM