1099b sales of stocks and bonds

erodin · ‎June 6, 2019

My 1099-b does not have a cost basis in line 1e of the summary but it does on

on the detailed page with box B checked. Do I need to mail something in also because of this?

Thank you, E

KenH1 · ‎June 6, 2019

No, you will not need to mail anything in, unless the IRS asks for it.

Brokerage statements will not always report the cost basis and/or sales category, even if the information is available right on the 1099-B. The IRS is receiving the 1099-B information from the broker, but is relying on you to report the correct cost basis and category.

1099b sales of stocks and bonds

Investors & landlords