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1099B

I received 2 1099B forms - 1 from bank where issued & 1 from bank where sold to, but it was one sale at a loss. How am to list these?

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1 Reply
AmyC
Expert Alumni

1099B

A 1099-B is generated when something is sold. Your story only makes sense if you sold it at one brokerage, bank A, so you could buy it at another brokerage, bank B, and then sold it completely. If that is the case,  Bank A is the basis you paid originally and sale date, etc all easy to understand. Bank B, basis is the new price paid when moved, sale date is later, rest just plugs in.

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