DianeW777
Expert Alumni

Investors & landlords

If you know you will not change your tax liability with the income on your Form 1099-B, (which appears to be a loss since your only entry is your cost basis) you can keep it with your file so that you are prepared should the IRS inquire about it later. This would lower your income by $8.  They do have a copy as well and based on your description there will not be any impact to your tax return with or without it.

 

@oldradio99

[Edited: 02/08/2023 | 1:04p PST]

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"