ThomasM125
Expert Alumni

Deductions & credits

You should not have received a form 1099-B reporting the sale of stocks that are held in a retirement account. Is it possible that you transferred the retirement account investments to a non-retirement account and then had stock sale transactions from the non-retirement account?

 

Clearly, you should not report the income twice, but if the 1099-B statement duplicates the information reported on the 1099-R statement, you should request the 1099-B be amended by the company that issued it to reflect that.

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