Question

I have no tax form from my brokerage but I have -$1500 of cost basis (loss). Is there a way for me to account for this?

Forum|Forum|5 years ago
April 2, 2021
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TurboTax Premier Online

Employee

Did you sell any stock or other investments? You only report a loss or gain on your tax return when you sell an investment. If an investment has lost value but you still own it, there is nothing to report.

If you did sell an investment the brokerage would have sent you a Form 1099-B or an equivalent statement. If you did not get it, contact the brokerage and ask them to send you another copy. If you have online access to your brokerage account you can probably access the tax form or statement online.