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Bank or Brokerage 1099 B
I understand 1099-B forms (proceeds from sale of stock), for many firms, are often not deliverable till mid-February. Also, I understand, if proceeds are less than $10 dollars, a 1099-B form may sometimes not be generated.
I liquidated my position in Nokia. Please don't laugh - I had one share that was sold for a gross amount of $3.95 and it represented a loss of a few dollars. I would like to manually enter this sale to TurboTax and am not sure what name to use for "bank or brokerage". I access this account via Computershare and understand that Computershare is not a brokerage, but a transfer agent. Is it permissible and allowable to use the name of "Nokia" in the field for name of bank or brokerage?
‎January 24, 2025
8:30 AM