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Business & farm
No ... a 1099-B is only issued by brokers.
It is your account and you alone must report the income on your return. NOW, what you can do is complete your return without the 1099-B and note the bottom line amount. Then add the 1099-B to the return and note the new bottom line. Note the difference and divide by 3 ... they each owe you 1/3.
‎October 17, 2020
9:27 AM