Question $7$ of $15.$

When preparing a return for a taxpayer, what is an appropri reported as $$0$ on a Form $1099-$B or substitute statement?

Ask the taxpayer for clarification, and conduct further rese

Report the entire amount of the sales proceeds as a capi

Refuse to prepare the return until the taxpayer obtains a

Report the basis as $$0$ on the Form $8949$ and$/$or Sched information reported to the IRS. No additional research is re

Mark for follow up

$$Back

Save $/$ Return Later

Summar