What is sales amount?
If you sold stocks or bonds and you received a 1099-B from your broker, enter the amount shown in Box 2 on the 1099-B for the sales amount. If you paid commissions on the sale, you would either reduce the sales amount by the amount of the commissions, or you would add the commissions paid to the cost basis of the asset sold. Either way works out the same for the net gain or loss. If you have a 1099-B, you will want to use the sales amount shown on the 1099-B Box 2 so that what you report as sales matches what your broker reported to the IRS.
