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Get your taxes done using TurboTax
It depends. It could be because the money was placed into another account thus increasing the basis for that account. In this instance, the sale is a taxable event even if you didn't receive any proceeds from the sale. The details should be disclosed in a supplemental form that came with your 1099-B.
If you can't find that information in a supplemental form, you might contact the broker for more specific details.
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‎February 20, 2025
1:49 PM