davids67
New Member

Did you buy every investment listed on your 1099‑B?

TurboTax Premier 2024 is asking "Did you buy every investment listed on your 1099‑B?"  They mention that "Any inherited or gifted investments are not considered bought."

 

My 1099-B is for proceeds from a revocable trust where I was a trustee, which became irrevocable upon the death of the account owner.  I'm a bit confused about how to answer, because in some contexts, these proceeds are not considered an "inheritance."  But maybe they are in this case (in which case I should answer No)?