How do I identify sales on my 1099-b

To identify sales on your 1099-B:

1. Look at the "Proceeds" and "Cost or Other Basis" sections to see the sales transactions.
2. Identify the sales category by looking at the boxes labeled A, B, C, etc. These indicate whether the sales are short-term or long-term and whether the cost basis was reported to the IRS
3. Each sale will be listed with details such as the date of sale, date of acquisition, sales price, and cost basis. This information helps you calculate your capital gains or losses
4. Some brokers provide additional details in a supplemental statement, which can help clarify the nature of each sale

For more details, you can visit the IRS instructions for Form 1099-B