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Investments on a 1099-B ?

Judy M
Level 1

The 1099-B state that the long term gains are "realized" broker says..... that means not taxable??

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Intuit_Devin
Employee
Employee

Not quite sure what you're asking. "Realized" gains are gains recognized and reported on 1099-B. They're taxable. Many brokers also include a statement of "unrealized" gains in their year-end statements, and those are not taxable.

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1 Comment 1
Intuit_Devin
Employee
Employee

Not quite sure what you're asking. "Realized" gains are gains recognized and reported on 1099-B. They're taxable. Many brokers also include a statement of "unrealized" gains in their year-end statements, and those are not taxable.

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