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jsjschack
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Do I need to report cost basis on 1099-B on stock that shows "Expired Position"; 1099-B shows 0 proceeds; this is "share consolidation & return of value; this is ADR

 
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Anonymous
Not applicable

Do I need to report cost basis on 1099-B on stock that shows "Expired Position"; 1099-B shows 0 proceeds; this is "share consolidation & return of value; this is ADR

TT requires a basis even if 0.    don't know what your's is, but if more than 0 then you will lose the benfit of the capital loss.  if it's 0, no need to report. 

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