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193LSE4ME
New Member

1099B Error

I bought 18.77 shares of TAVFX in 1995. After only growth from dividend reinvestments, I closed the account by selling 44.70 shares in 2018. Section 5, box 1a of the 1099B indicates 94.178 shares were not reported to the IRS resulting in Gross Proceeds shown in box 1d. How can gains for more shares than I owned (bought or sold) be subject to IRS reporting on Form 8949?

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2 Replies
KarenL
Employee Tax Expert

1099B Error

If this is on your Form 1099-B, then you will have to contact the brokerage for either an explanation, or a corrected Form 1099-B. 

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1099B Error

Is it possible the 44 shares are the original shares and the rest are the shares as a result of the dividend reinvestment?
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