MinhT
Expert Alumni

Investors & landlords

Stocks transferred to another stockbroker and not sold are not reported on your tax return. Your former stockbroker should not have issued you a form 1099-B for this transfer.

Please read this IRS document for more information:

https://www.irs.gov/pub/irs-pdf/i1099b.pdf

As you have received form 1099-B, you should enter it on your tax return and enter as cost basis the same amounts as in total proceeds resulting in no capital gain or loss.


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