Got a 1099-B showing a CD I cashed out with zero gain/loss as interest was paid monthly.
What is odd is on the same line as the name of the bank that held the CD, is the phrase "Adjusted 3/23/2021 for Reason 243". CD was bought
2/19/2020.Question is, what is "Reason 243" ? I have searched the IRS,, and the brokers, websites, finding nothing. I also did a general search on Google. Nothing related to a 1099-B, but some interesting hits leading me to believe this is somebody's idea of a joke/punk, etc. "Reason 243 for wrecking your car is I hate you" kind of stuff.
I also called the broker's main office help line, and the nice young lady did not have answer, did check with somebody else, came back and said they needed to research this further and would call me with a result.
Needless to say I won't hold my breath.
Anyone know is this Reason 243 on a 1099-B is legit ?
Thanks.