4 ms·
Yea cost basis reporting from the broker to you is better now. Cost basis reporting from the broker to the IRS is still blank for non-covered shares though, wh
by dmoy 3y ago
Yea cost basis reporting from the broker to you is better now.
Cost basis reporting from the broker to the IRS is still blank for non-covered shares though, which leads to the other common case of "forgot a page of 1099, IRS thinks it's $0 cost basis, sends bill for $10k++, but actually you owe ~$0 if you send in the correct info".