Hello, my income in 2017 only have 2 items: interest from bank and brokered CD. The bank issued the 1099-B for only the brokered CD (I didn't sell any stock).
In 1099-B, wrote:
2017 PROCEEDS FROM BROKER & BARTER EXCHANGE TRANSACTIONS
COVERED TRANSACTIONS - Cost basis reported to IRS - Form 8949, Part I, (A)
SHORT TERM CAPITAL GAINS AND LOSSES - 1099-B Line 2 - Box 6 Net Proceeds
This CD only has interest at maturity. The box 1d (proceeds) contain the CD brokered value (xyz $). Since the
CD was redeem so the box gain/lost = 0$. The CD interest was shown in
1099-INT. So, in this case, can I ignore 1099-B and form 8949? Thank you.
