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Old 04-05-2009, 10:24 PM
martin lynch
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Default Form 1099-B

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?

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