I'm dealing with a situation I posted in the 'investments' area...
In which I believe I have an erroneous 1099 item which is showing a very incorrect proceeds amount from a covered transaction. I am attempting to get it corrected by the brokerage but it is questionable whether they will do so as it is a complicated situation.
I MAY be wrong, but at this point I'm thinking the 1099 is wrong - and if I determine it is and my broker disagrees with me, I would be looking for some way to communicate to the IRS that the proceeds number on my 1099 was incorrect (and hence why I changed the proceeds amount on that specific transaction)
And I live in NY - which 'requires' e-filing, although I'm pretty sure there are exceptions allowed. Clearly the right path is to get the 1099 corrected but I worry that if I determine I am correct, that still the broker may not be cooperative.
