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New Member

Should my "total gain or loss" amount from stocks I sold be the same on my 1099B as it is on my transaction confirmation from Fidelity.

"Proceeds from sales" and "Cost Basis from sales" are correct however , the amount I actually received after selling this stock was $10,236.22  VS  $15,597 that is considered "Total gain or loss" I'm wondering which dollar amount to enter
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Level 12

Should my "total gain or loss" amount from stocks I sold be the same on my 1099B as it is on my transaction confirmation from Fidelity.

If the proceeds and cost basis are correct on the 1099-B then you're going to have to explain why the "net to you" is something different.  A logical explanation of that "difference" is that taxes were withheld by the broker but that information would also be on the 1099-B, so it's unclear why you'd ask the question.

 

I suppose another (remote) possibility is that this is a sale involving employer stock and some stock was sold "for taxes" but the broker combined the stock that you sold "for cash" and the stock sold "for taxes" into one 1099-B, but that seems impossible.