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Do I need to file this 1099-B?
Employer sold off stock to pay taxes and I received a 1099-B regarding this. The term and type is listed on the paper copy I received as "B- Short-term transaction in which basis was NOT reported to the IRS".
Do I need to file this on my return?
The finance department at my employer basically told me I do not need to file it, however, in the past I have filed every 1099-B I have received. This one is just more confusing trying to figure out cost basis, etc. since this wasn't me (it was my employer) selling stock.
Thanks
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‎April 8, 2024
9:14 AM