DaveF1006
Expert Alumni

Investors & landlords

No, you do not record any negative numbers in your return.   The proceeds are not allowed to be negative, per the IRS.   "The IRS no longer allows for the reporting of proceeds on a 1099-B to be negative. If your broker has reported your proceeds as a negative, then you will need to contact them to issue you a corrected 1099-B or file by mail. "  Please review this IRS publication for further details. 

 

 

 

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