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We owned a bank stock for about 8 years, all data entered correctly at time of purchase, but over the years stock has split, gone up & down, etc. We sold the stock & now have a gap gain, but the 1099 from our broker is different from our online accounting gain. Just a small amount. How can I make the adjustment without affecting our cash accounts?
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Rank: Administration
Posts: 437
Thanks: 7 times Was thanked: 14 time(s) in 10 post(s)
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It's probably nothing to worry about if it's a small amount. Are you sure your brokerage firm is reporting the correct amount?
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