[{"data":1,"prerenderedAt":7},["ShallowReactive",2],{"faq-standard-8721":3},{"rec_id":4,"title":5,"text":6},"8721","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:\u003Cbr>\u003Cbr>\n\u003Ctable frame=void rules=rows>\n\u003Ctr>\n\u003Cth align=\"left\">\u003Cb>Key Word\u003C/b>\u003C/th>\n\u003Cth align=\"left\">\u003Cb>What This Means:\u003C/b>\u003C/th>\n\u003C/tr>\n\u003Ctr>\n\u003Ctd style=\"padding: 20px 10px 20px 0px;\">\u003Cb>Basis reported\u003C/b>\u003C/td>\n\u003Ctd style=\"padding: 20px 0px 20px 0px;\">Yes, your basis was reported to the IRS.\u003C/td>\n\u003C/tr>\n\u003Ctr>\n\u003Ctd style=\"padding: 20px 10px 20px 0px;\">\u003Cb>Basis not reported\u003C/b>\u003C/td>\n\u003Ctd style=\"padding: 20px 0px 20px 0px;\">No, your basis was not reported to the IRS.\u003C/td>\n\u003C/tr>\n\u003Ctr>\n\u003Ctd style=\"padding: 20px 10px 20px 0px;\">\u003Cb>Box 12\u003C/b>\u003C/td>\n\u003Ctd style=\"padding: 20px 0px 20px 0px;\"> If Box 12 is checked, it means your basis was reported to the IRS.\u003Cbr>\u003Cbr>\nIf Box 12 is not checked, it means your basis was not reported to the IRS.\u003C/td>\n\u003C/tr>\n\u003Ctr>\n\u003Ctd style=\"padding: 20px 10px 20px 0px;\">\u003Cb>Covered\u003C/b>\u003C/td>\n\u003Ctd style=\"padding: 20px 0px 20px 0px;\"> Yes, your basis was reported to the IRS.\u003C/td>\n\u003C/tr>\n\u003Ctr>\n\u003Ctd style=\"padding: 20px 10px 20px 0px;\">\u003Cb>Noncovered\u003C/b>\u003C/td>\n\u003Ctd style=\"padding: 20px 0px 20px 0px;\">No, your basis was not reported to the IRS.\u003C/td>\n\u003C/tr>\n\u003Ctr>\n\u003Ctd style=\"padding: 20px 10px 20px 0px;\">\u003Cb> Box A, B, C, D, E, or F\u003C/b>\u003C/td>\n\u003Ctd style=\"padding: 20px 0px 20px 0px;\"> If Box A or Box D is checked, it means your basis was reported to the IRS.\u003Cbr>\u003Cbr>\nIf Box B or Box E is checked, it means your basis was not reported to the IRS.\u003Cbr>\u003Cbr>\nIf Box C or Box F is checked, it means you didn't receive a 1099-B (or a \u003Ca href=\"/freefile2025/answers?faq=11003\">substitute statement\u003C/a>).\u003C/td>\n\u003C/tr>\n\u003C/table>",1777391573452]