Thanks for your answer. I'm a little bit confuse. For income tax, IRS should look to gain/lost, right? The tax should be on "gain", right? Anyway, if that case happen (automated notice later), what form should I use to report and clarify it is a CD, not stock? For the letter, the IRS agent will read it or automate machine? Normally, for everyone, for brokered CD, which form did they receive? I'm not sure this is the mistake from my broker (Merrill Edge) or this is the stuff all broker will do? Thank you.
