This TP has numerous trades with a little gain there and a little loss there on each trade. Would the amt appearing in Box 3 be all the cost or basis of all the "covered" securities if I was to add them up?
Announcement
Collapse
No announcement yet.
1099-B -Box 3 - Cost Or Other Basis of Covered Securities
Collapse
Disclaimer
Collapse
This message board allows participants to freely exchange ideas and opinions on areas concerning taxes. The comments posted are the opinions of participants and not that of Tax Materials, Inc. We make no claim as to the accuracy of the information and will not be held liable for any damages caused by using such information. Tax Materials, Inc. reserves the right to delete or modify inappropriate postings.