Form 1099-B

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Subject Author Date Form 1099-B martin lynch 04-05-2009
Posted by martin lynch on April 5, 2009, 6:24 pm Please log in for more thread options I sold some stocks that were worthless, and noticed they are not mentioned in my 1099-B. I assume this is because there were no actual "proceeds" from the sales. Since these are not on my 1099-B, when I enter the sales into my gain/loss worksheet (I'm actually using a tax software to do this), will this raise a red flag with the IRS? I guess I'm asking, did my broker make an error by not reporting the worthless stock sales in my 1099-B? -- << ------------------------------------------------------- >> << The foregoing was not intended or written to be used, >> << nor can it used, for the purpose of avoiding penalties >> << that may be imposed upon the taxpayer. >> << >> << The Charter and the Guidelines for submitting posts >> << to this newsgroup as well as our anti-spamming policy >> << are at www.asktax.org. >> << Copyright (2007) - All rights reserved. >> << ------------------------------------------------------- >> Similar Threads Posted filing small amount in 1099B? March 7, 2009, 12:34 pm IRS follies: form 56 fiduciary vs. form 8822 change of address April 21, 2008, 9:54 pm IRS form SS-8 Worker Determination Form April 9, 2009, 11:37 pm form 211 and form 3949A January 10, 2008, 9:07 am Form 1099 -- Which Form to Use March 28, 2008, 3:39 pm 990 form March 30, 2007, 3:18 am form 990 March 30, 2007, 3:56 am K-1 form for LP October 8, 2007, 6:43 pm Re: K-1 form for LP October 16, 2007, 1:19 am Form W-4 January 26, 2008, 6:08 pm