Skip to main content
Level 1
June 6, 2019
Solved

Question regarding 1099-b

  • June 6, 2019
  • 1 reply
  • 1 view
Do I input section 4: Long term transaction for which basis in not reported to the IRS, with box E checked?
Best answer by TomYoung

Yes, absolutely.  It's only the basis that's not being reported, not the sale itself.  The basis needs to come from your own records.

Tom Young

1 reply

TomYoungAlumni - ChampAnswer
Alumni - Champ
June 6, 2019

Yes, absolutely.  It's only the basis that's not being reported, not the sale itself.  The basis needs to come from your own records.

Tom Young