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April 14, 2025
Question

I do not have 1099-B for foreign securities TurboTax is asking to upload 1099-B I dont have one

  • April 14, 2025
  • 1 reply
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TurboTax is asking me to upload or mail to IRS but I dont have this 1099-B so how should I proceed

    1 reply

    April 14, 2025

    @pranavshopping , what passive incomes ---

    (a)   Interest income.  CDs, Dividends, equities  that you sold or what ? 

    (b)   Which foreign country or countries ? 

    (c)   Are you investing directly or is it through a local broker ?

    (d) If equities, are these listed only in that foreign country  ?

    (e) Is this being taxed by the foreign country or countries ?   ( TDS ? or only when filing a return ?)

    (f) what is your immigration status ---  US person ( citizen/GreenCard/Resident for Tax purposes )  or NRA ?

    (g)  If US person, is your tax home US or you are abroad ?

    I am asking for a whole bunch of info, only so I can understand what you are trying to recognize as income.

     

    I will circle back once I hear from you --yes ?