jaystin
New Member

Do I need to include stock sale less than $20 if I did not receive a 1099-B?

I actually don't know if it was an personal stock sale. I received a check from the "Spin off" (?) transaction from a company I didn't own stock in. I'm guessing it had something to do with the company I did have stock in and this other company. I deposited it based on the instructions, but the broker I manage the accounts through do not provide a 1099-B for this. 

I wouldn't have even known about it except that Turbo Tax connected to the company and detected that check as "Proceeds." Now it wants me to upgrade to Turbo Tax Premium which is $120, because I deposited a check for $13... 

What should I do? Can I leave this off my return since I didn't get a 1099-B?