NateHo
New Member

reporting 1099-B loss in retirement accounts

I receive a 1099-B reporting on mutual fund investments that are part of tax sheltered 403-b.

 

Though the IRS receives the 1099-B from my financial consultant, should there be any tax implications on net profit/loss over the course of the past year?

 

As I've filled out the 1099-B section in turbo tax, the annual loss is impacting my taxes. I don't think it should

 

Any help?