- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Realize gain or loss for 1099-B NOT report to IRS
My 2024 tax year for 1099-B showed a LT loss in the Summary section NOT provide to IRS for the merger stock I sold in 2018 and reported the gain. The original stock was AMR Corp but merged and I rec'd shares of AAL from this AMR I own. Do I still need to report this loss from AMR Corp in my 2024 tax year? (AMR stock is showed worthless in 2024 that where the loss in my 1099-B from).
I am confused and don't know how to handle this transaction. Should I remove this Loss from my download, so I don't have to report?
Topics:
March 23, 2025
9:51 AM