topic Did not receive 1099-B because under $10 | Box A or Box C Transaction? in Get your taxes done using TurboTax

Did not receive 1099-B because under $10 | Box A or Box C Transaction?

starkyfubbs — Tue, 24 Feb 2026 07:23:48 GMT

Hello. I have one transaction in a WeBull trading account in 2022. Because profits did not exceed $10, I did not receive a 1099-B.

However, I think brokers are still required to report to IRS even though they don't issue a 1099-B to clients, correct? I also requested a cost-basis record from WeBull's clearinghouse of this transaction.

Should this transaction appear under "Box C Short-term transactions not reported to you on form 1099-B." or "Box A Short-term transactions reported on Form(s) 1099-B showing basis was reported to the IRS"?

Box C is correct in that I did not receive a 1099-B. But Box A seems correct for accounting, especially if I traded this same ticker in other accounts, and had to consolidate gains/losses/wash sales.

Thank you.

Re: Did not receive 1099-B because under $10 | Box A or Box C Transaction?

Anonymous_ — Fri, 15 Sep 2023 14:09:49 GMT

See https://ttlc.intuit.com/community/taxes/discussion/1099-b-realized-gain-is-only-0-99-must-i-report/00/600151

Re: Did not receive 1099-B because under $10 | Box A or Box C Transaction?

starkyfubbs — Fri, 15 Sep 2023 14:24:23 GMT

Thank you for the link @Anonymous_. However the post did not address my question; I am aware I need to report it. My question is does the transaction fall under:

"Box A Short-term transactions reported on Form(s) 1099-B showing basis was reported to the IRS"?

"Box C Short-term transactions not reported to you on form 1099-B."

Thank you.

Re: Did not receive 1099-B because under $10 | Box A or Box C Transaction?

Anonymous_ — Fri, 15 Sep 2023 14:34:29 GMT

I would say (guess) it's the latter since you never did receive a 1099-B.