@desperado Brokers have no way to know the correct cost since they don't receive the K-1, so there's no way for them to correctly issue a 1099-B with codes A or D. But a broker who says things like "we cannot know what it has to be" and "we don't even actually report it to IRS", when they've just issued a 1099-B that literally says they're reporting cost to the IRS, is probably not going to grasp this. Ideally, talk to someone else with a better grasp of tax reporting to get a corrected 1099. If they refuse, keep good records (perhaps document the issue with Robinhood in writing, so you can produce that later). You still need to make the correction, but if they IRS ever ask about the discrepancy you'll have an easy explanation.
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**Note also, I'm not a Tax Preparer/CPA. Just a volunteer, seasoned, TurboTax user.
Use any advice accordingly!
