Where on my investment statement does it say if the basis was reported to the IRS?

There are several ways a broker or bank shows this information on your statement. Look for any of these key words in the columns or boxes on your statement, and we'll explain what they mean:

Key Word What This Means:
Basis reported Yes, your basis was reported to the IRS.
Basis not reported No, your basis was not reported to the IRS.
Box 12 If Box 12 is checked, it means your basis was reported to the IRS.

If Box 12 is not checked, it means your basis was not reported to the IRS.
Covered Yes, your basis was reported to the IRS.
Noncovered No, your basis was not reported to the IRS.
Box A, B, C, D, E, or F If Box A or Box D is checked, it means your basis was reported to the IRS.

If Box B or Box E is checked, it means your basis was not reported to the IRS.

If Box C or Box F is checked, it means you didn't receive a 1099-B (or a substitute statement).

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