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Deductions & credits
Because the milestones applicable to the CVRs were not met, the CVRs were no longer eligible for payment. Because you received a 1099-B evidencing the CVRs and their value, albeit zero, you can enter the information into TurboTax just as it appears on your 1099-B. You may be able to upload the 1099-B into TurboTax without having to manually enter the information.
We realize these transactions will likely not have an impact on your return; however, the fact that you received a 1099-B, a document which is also filed with the IRS, it is appropriate to include them on your return.
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‎February 1, 2022
6:43 PM