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View Full Version : 1099-B gross Proceeds


LBILAW
Mar 28, 2009, 10:15 AM
On a 1099-B are gross proceeds income?


Thanks,

Lance

MukatA
Mar 28, 2009, 12:47 PM
Normally, it does not report income. If only reports gross receipts.
You must report each stock sale on schedule D and figure out loss or gain.