Do taxes without 1099-b on hand?

nick112207 · ‎January 12, 2021

So this year I did some playing in the stock market. Nothing fancy, just buying and selling regular stocks, all sales being short term capital gains.

I typically file my taxes way before the broker release date of 2/15.

Since I can see my total gains and deferred losses can I just input that info, or is there more stuff on that form I'll be missing?

HelenC12 · ‎January 12, 2021

There may be more financial information on your 1099-B so wait until you receive the official tax document before filing. Once it's available, you may be able to import your trades into TurboTax.

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Hal_Al · ‎January 12, 2021

You can do that, but only if you know what you're doing. Even the, you shouldn't. It's too easy to make a mistake that will waive a red flag at the IRS.

Do taxes without 1099-b on hand?

Investors & landlords

Investors & landlords