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Strategies & Market Trends : Income Taxes and Record Keeping ( tax ) -- Ignore unavailable to you. Want to Upgrade?


To: W Tell who wrote (982)4/10/1998 4:32:00 PM
From: Colin Cody  Read Replies (1) | Respond to of 5810
 
The form 1099B does not list the cost. BUT some full service brokers will prepare a schedule for you showing their IDEA of what the cost is and the gain/loss.
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If you are satisfied that the list is correct, then YES you may simply attach it to the return and say "see schedule attached" on the schedule D.
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BUT if the I.R.S. believes there are mistakes, or what you submit is NOT clear, then they might just pay you a visit to clear up any questions.
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Colin