T
tacks
Guest
What is the name of your state? Illinois
I invested $12K in mutual funds back in 2000...and never touched it...until I sold all my shares during 2002 for $1500.
The 1099-B form I received shows the $1500 in proceeds I received when I closed my account, but makes no mention of the original $12K.
Shouldn't the original amount be mentioned on the 1099-B, along with the calculated loss?
I have the original figure (and the statement as proof), but am surprised I would be "trusted" to enter this on my tax return without the investment company mentioning it to the IRS on the 1099-B.
-BB
I invested $12K in mutual funds back in 2000...and never touched it...until I sold all my shares during 2002 for $1500.
The 1099-B form I received shows the $1500 in proceeds I received when I closed my account, but makes no mention of the original $12K.
Shouldn't the original amount be mentioned on the 1099-B, along with the calculated loss?
I have the original figure (and the statement as proof), but am surprised I would be "trusted" to enter this on my tax return without the investment company mentioning it to the IRS on the 1099-B.
-BB