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Just received a corrected 1099. It looks like they finally might have found their problem. I had given up and reported the duplicate sale with no gain. The bond was inherited and there wasn't any gain. If the "other" bond had existed there wouldn't be a gain.

Since the correction removes gross income but doesn't change net income, I'm thinking it will be possible to ignore it.

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I agree. One time I had a bond matured, or called, whichever. Fidelity reversed and re-entered that transaction on my statement, so many times it was a joke. I was a little surprised when all these "transactions" showed up on my 1099-B at the end of the year.

I reported the correct gain - once - and then reported the rest of the proceeds on the 1099-B with no gain or loss. That was years ago. No repercussions.

Bill
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