- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
The reason is that there are negative numbers being recorded in the proceeds. 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 link for further details. [Edited 02-08-2021|11:37PST]
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎February 8, 2021
11:26 AM