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| 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. > << ------------------------------------------------------- > |
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