https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/reporting-investments/01/111628#M3912 When TTax imported my Scottrade information, it listed the final sale of my stock, not the gains from the stock. For example, If I purchased stock for $1K and sold for $3k, shouldn't my sale proceeds be $2K? Sat, 01 Jun 2019 05:05:36 GMT MrWho 2019-06-01T05:05:36Z https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/reporting-investments/01/111628#M3912 When TTax imported my Scottrade information, it listed the final sale of my stock, not the gains from the stock. For example, If I purchased stock for $1K and sold for $3k, shouldn't my sale proceeds be $2K? Sat, 01 Jun 2019 05:05:36 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/reporting-investments/01/111628#M3912 MrWho 2019-06-01T05:05:36Z https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/no-the-proceeds-are-the-amount-the-buyer-paid-to-you/01/111636#M3913 <P>No.&nbsp; The "proceeds" are the amount the buyer paid to you. So $3K would be the proceeds in your example.&nbsp; Clearly your imported 1099-B's are not listing the basis for the stock which, going back to your example, would be $1K.</P><P>You need to look at your actual 1099-B, I think.&nbsp; I would guess that the broker is not reporting the basis of the stock, which is probably correct if the stock in "noncovered."&nbsp; I that case the basis needs to come from your own records.</P><P>Tom Young<BR /></P> Sat, 01 Jun 2019 05:05:38 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/no-the-proceeds-are-the-amount-the-buyer-paid-to-you/01/111636#M3913 TomYoung 2019-06-01T05:05:38Z