wgratteau
New Member

Do I need to report a $2.19 capital loss when my brokerage statement says "Transactions in this section are not reported on Form 1099-B or to the IRS"

The realized loss was the result of a corporate action/spinoff for which I received cash in lieu of shares (I had no say in the transaction). I did not receive a 1099-B. If I have to report it, that will trigger an upgrade to the Free TT product I'm currently using (and cost me $89). Since I have an extremely straightforward return and am only getting a $50 refund, I'd prefer the free filing option if at all possible.