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Every year I get the useless 1099-B with the IRS-mandated made-up cost basis numbers, and then later I get the Stock Plan Transactions Supplement that actually matches my paystubs and W2 income. By what date does E*trade generate the Stock Plan Transactions Supplement? (Last year I had it by mid-February but apparently this year is different?)

(Also why does the IRS even require the useless version to be generated? Are they intentionally trying to trick people into paying taxes twice on the same income? If they succeed, will they pay interest and penalties to the victims?)

personal_cloud
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1 Answers1

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The Stock Plan Transactions Supplement is actually already available. However, it is a bit tricky to find it, as it's not with the other tax documents. The navigation sequence is as follows:

  1. Click the Stock Plan button in the purple bar at the top.
  2. In the My Account dropdown menu in the gray bar under the purple bar, click Gains & Losses.
  3. In the Download dropdown menu, select Download Supplemental Information (PDF).

And I think I was looking in the same place yesterday and this wasn't there. So that answers the question about the date (it's February 15).

(I'd still like to know why the documents are split like this).

personal_cloud
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