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Topics - John.Parker

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Investors - P / 1099-B Question
« on: February 16, 2015, 04:23:24 PM »
I received both short and long term 1099-Bs this year and I am confused: the block 1e (basis) shows an amount equal to my loans that have a charge-offs, and block 1d (proceeds) shows the recovery amount from a different loan. Why do the charge-off amounts show up as basis?

I am also supposed to add dates for each sale (using H&R Block) so does that mean I need to have a 1099-B entry for each of the loans?

Thanks for any assistance

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