TT 2013, Form 1099B

Since you didn't help us out by telling us what was yes/no

Hi, Marvin.

Why so cryptic? What does that option box on Schwab's 1099-B say?

Oh, OK. On my return I can see an option box, not on the actual IRS 1099-B but on TurboTax's Form 1099-B Worksheet, one for each of my brokers. On each one it asks, "Attach a statement instead of reporting individual sales?" and provides Yes/No boxes. Is this what you mean?

My guess is that if you had gains, checked Yes, but forgot to attach a list of your individual sales, your income would be underreported - and your refund would be much bigger - until the audit. Is that what happened in your case?

If you provide a few more details, we might be able to help.

RC

-- -- R. C. White, CPA San Marcos, TX (Retired. No longer licensed to practice public accounting.) snipped-for-privacy@grandecom.net Microsoft Windows MVP (2002-2010) (Using Quicken Deluxe 2014 R 7 and Windows Live Mail in Win8.1 x64)

Does any one know about the yes/no option at the top of the form. Importing my data from Schwab left neither checked. I then checked yes and my refund went up. Checking no was the same as with neither checked.

Thanks for any help you can give me.