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1099 B shares missing in "description of property" - Merrill 1099

Hello- I had a basic 1099 B upload question re: accuracy of uploaded data please:

 

I downloaded a 1099 B from Merrill - the description of property shows the correct stock name but the shares are not showing after the company name

 

Do I leave it alone as it was uploaded? or do I go in and edit it to say x shares after the company name ? 

Not sure if it matters but my inclination is to leave it alone so that it syncs with the source document

 

thanks for any help and double checking me !

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1 Best answer

Accepted Solutions
DavidD66
Employee Tax Expert

1099 B shares missing in "description of property" - Merrill 1099

I won't matter.  If you were entering them manually I would say to include the share # information, but I would not adjust each entry in a downloaded 1099-B to add it.  The only really important amounts are the proceeds and the cost basis.  If your totals per category match, you're good.  

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1 Reply
DavidD66
Employee Tax Expert

1099 B shares missing in "description of property" - Merrill 1099

I won't matter.  If you were entering them manually I would say to include the share # information, but I would not adjust each entry in a downloaded 1099-B to add it.  The only really important amounts are the proceeds and the cost basis.  If your totals per category match, you're good.  

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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