topic Not sure what to do with 1099-B? Do I need to add this to my taxes? in Retirement tax questions https://ttlc.intuit.com/community/retirement/discussion/not-sure-what-to-do-with-1099-b-do-i-need-to-add-this-to-my-taxes/01/136232#M10386 Sat, 01 Jun 2019 06:45:14 GMT gardiner1997 2019-06-01T06:45:14Z Not sure what to do with 1099-B? Do I need to add this to my taxes? https://ttlc.intuit.com/community/retirement/discussion/not-sure-what-to-do-with-1099-b-do-i-need-to-add-this-to-my-taxes/01/136232#M10386 Sat, 01 Jun 2019 06:45:14 GMT https://ttlc.intuit.com/community/retirement/discussion/not-sure-what-to-do-with-1099-b-do-i-need-to-add-this-to-my-taxes/01/136232#M10386 gardiner1997 2019-06-01T06:45:14Z Generally, yes, you need to add it to your taxes. A 1099-... https://ttlc.intuit.com/community/retirement/discussion/generally-yes-you-need-to-add-it-to-your-taxes-a-1099/01/136247#M10389 <P>Generally, <B>yes</B>, you need to add it to your taxes.</P><P>A 1099-B reports to you and the IRS <B>how much you received</B> for selling something, usually stocks or bonds.</P><P>It should tell you <B>not only how much you received</B>, but in many cases <B>what your cost basis was</B>. &nbsp;</P><P>Your <B>gain or loss is the difference between what you received and your cost basis</B>. &nbsp;If you are unsure about this <B>contact the payer</B> listed on the form for clarification.</P> Sat, 01 Jun 2019 06:45:16 GMT https://ttlc.intuit.com/community/retirement/discussion/generally-yes-you-need-to-add-it-to-your-taxes-a-1099/01/136247#M10389 DexterS 2019-06-01T06:45:16Z
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topic Not sure what to do with 1099-B? Do I need to add this to my taxes? in Retirement tax questions
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Not sure what to do with 1099-B? Do I need to add this to my taxes?
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Generally, yes, you need to add it to your taxes. A 1099-...
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<P>Generally, <B>yes</B>, you need to add it to your taxes.</P><P>A 1099-B reports to you and the IRS <B>how much you received</B> for selling something, usually stocks or bonds.</P><P>It should tell you <B>not only how much you received</B>, but in many cases <B>what your cost basis was</B>. &nbsp;</P><P>Your <B>gain or loss is the difference between what you received and your cost basis</B>. &nbsp;If you are unsure about this <B>contact the payer</B> listed on the form for clarification.</P>
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