My mom also had Box E, noncovered securities with no cost basis submitted to the IRS, but the cost basis was on the 1099B I received. I was afraid I would spend another hour or so trying to pull out the 8 little wash sales and recalculating each group of sales, only to find out I had to send the 1099B because of the 6 sales marked with Box E. I got the impression I needed to send the 1099B tax statement because I was not able to import from Chase/JP Morgan, I grouped the 400+ sales into 3 entries and the box E issue. If it was just the wash sales I would have spent the time putting the trades in. I filed her taxes before I read your reply, and I am headed to the post office tomorrow to mail off her requested forms. You would have thought the IRS had all the information from Chase. I am not sure why Chase classified those 6 sales as Box E, they provided me with a cost basis, they managed my moms money.....poorly I might add..... so why didn't they report that cost basis. Her financial advisor refuses to answer my calls or emails because I withdrew all my inheritance from Chase so I will never know. Thank you so much for your reply.
