Get your taxes done using TurboTax

It is reported in the 1099-B under OTHER TRANSACTIONS - Cost basis not reported to IRS - Form 8949, (X) section.

 

What would be the cost basis and proceeds? As mentioned, Cash/Lieu proceed12.40 and N/A on the cost basis. Usually, on the other transaction reported to the IRS, they have a Sale with that proceeds and cost basis with the Date acquired & sold.

 

I'm still not clear why my actual cost basis $1410 is not mentioned