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Schwab did not report stock sale for some reason on 1099b

I have long term shares that sold for $0 which is worthless. My proceeds was $0 and cost basis was $2000. However, Schwab did not issue a 1099-B and told me to check box F Long-term transactions not reported to you on Form 1099-B, however, I just found out on my tax return boxed  "E" stating "Long-term transactions reported on Form(s) 1099-B showing basis wasn't reported to the IRS" was checked instead of "F" which says " Long-term transactions not reported to you on Form 1099-B"  Should I file an amended return to correct this error?

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2 Replies

Schwab did not report stock sale for some reason on 1099b

wait to see if you get a notice from the iRS.  if you took the loss your taxes aren't going to change.  if the IRS does inquire a simple response saying sorry show have been type F rather than the reported type E should do.  

Schwab did not report stock sale for some reason on 1099b

Thank you for your prompt response

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