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Level 5
posted Feb 20, 2025 12:53:10 PM

1099-B: Do I have to list each separate line items or can I just enter the column totals?

I have a 1099-B from a broker that lists 4 bonds on it.

 

All 4 bonds are in the "Box D" "Long Term sales with cost basis reported to the IRS" section.

 

Everything on them is correct and I don't have to make any adjustments.

 

Do I have an option to only enter the totals of each column in a single entry on the tax form instead of listing each bond separately or am I required to list each one?

 

Thanks.

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1 Best answer
Expert Alumni
Feb 20, 2025 12:57:47 PM

You can list them as one summary entry since the cost basis was reported to the IRS.

1 Replies
Expert Alumni
Feb 20, 2025 12:57:47 PM

You can list them as one summary entry since the cost basis was reported to the IRS.