Your 1099-B could be long, particularly if you have frequent allocation changes or withdrawals. In particular, if you have enabled TLH+, you may see many transactions. What shows up as a single transaction in your activity tab (Withdrawal, Tax Loss Harvesting) can actually be multiple ETF sales for tax purposes, which is what the 1099-B shows. Sales are grouped by date of sale. You can also reference your quarterly statements for a chronological list of transactions, each with a breakdown by ETF sold. The CSV download of your 1099-B can also be useful to sort the information in different ways, or to import into other software.
Articles in this section
- Why are there so many transactions on my 1099-B? How can I reconcile the transactions on my Activity tab with my 1099-B?
- Will I receive a 1099-R if I received an IRA Tax Statement?
- How tax-efficient is Betterment?
- What file formats do you offer for your tax forms?
- How does Betterment keep track of dividends, capital gains, and capital appreciation for tax purposes with shares being bought in fractional amounts?
- What do I need to know about importing my tax forms in TaxAct?
- What do I need to know about importing my tax forms in TurboTax?
- What do I need to know about importing my tax forms in HR Block?
- Why are the sales proceeds and/or cost basis so high on my 1099-B?
- How tax efficient is Betterment?