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gerutzen
New Member

Should I enter the all-zero information from 1099-misc forms in a consolidated broker statement to keep the IRS happy?

The consolidated statement from my broker contains several 1099-misc forms with all zeros along with other forms containing data.  Since the consolidated statement says the information has been sent to the IRS, should I include the all-zero 1099-misc information in my return to keep the IRS happy?

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CapB
New Member

Should I enter the all-zero information from 1099-misc forms in a consolidated broker statement to keep the IRS happy?

No, do not enter amounts recorded on your tax statements as zero into TurboTax; leave zero amount fields blank (unless TurboTax specifies otherwise).

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CapB
New Member

Should I enter the all-zero information from 1099-misc forms in a consolidated broker statement to keep the IRS happy?

No, do not enter amounts recorded on your tax statements as zero into TurboTax; leave zero amount fields blank (unless TurboTax specifies otherwise).

View solution in original post

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