turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Can I call a US Treasury Bill a stock? I received a 1099-B from the brokerage I use.

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
robtm
Level 10

Can I call a US Treasury Bill a stock? I received a 1099-B from the brokerage I use.

  • No - t-bill is not a stock. It is a different type of asset. When you sell an asset, be it a stock, bond or t-bill you will receive a 1099-b for the sale  showing the gain or loss depending on the difference between what you paid and what you sold it for. To report 1099-b's you need TT Premier program.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question