Skip to main content
Message Font: Serif | Sans-Serif
No. of Recommendations: 0
If all of the 1099B information is slightly less than your calculations, I would suspect that your broker is deducting the commission and any other selling costs from the sales proceeds. That is the most common way brokers report their 1099B information.

If some are higher and some are lower, then I'd suspect exchange rates

Hi Peter,

It's not due to commissions, because the 1099s all state that the sales price is less commissions. Furthermore I applied commissions as well in my calculations (subtracting them from the sales proceeds and adding them to the purchase price).

And most important: some sales prices indeed are higher and some are lower, that's why I was suspecting exchange rates as well.

So - going with the assumption that this is due to exchange rates - which of the methods I suggested (or perhaps a completely different) one, do you suggest that I use?

Thank you & best regards,
Print the post  


In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.