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sam124
New Member

I do not receive a 1099-B from my offshore broker. Can I calculate the 'Total proceeds (sum of all Box 1d)' and 'Total cost or other basis (sum of all Box 1e' ? Thank you

Those values are calculated on my 1099 from my onshore broker, and I have entered them for that form. However, I would like to know how those two numbers are derived so that I can calculate and populate the step in 'Wages
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ThomasM125
Expert Alumni

I do not receive a 1099-B from my offshore broker. Can I calculate the 'Total proceeds (sum of all Box 1d)' and 'Total cost or other basis (sum of all Box 1e' ? Thank you

Form 1099-B would report investment sales and as such would not be associated with wage income reported on a W-2 form. The only time this would be associated with wages is if it involved employee stock purchase plans. 

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