Hello,

Last year I sold a few stocks at a loss. I'm getting ready to do my taxes now but my 1099 from TD Ameritrade says that of the stocks I sold last year I had a gain when in fact there was a loss.

Of the three, two of them are listed with an adjusted cost of zero and therefore an adjusted long term gain in the positive.

One of them is shown correctly with what I paid and subsequently lost when I sold it.

I called TD Ameritrade and the customer service rep said that the form was fine and to just report what I paid for them and what they were sold at.

My question is, shouldn't the 1099 list what I paid and what I lost on these stocks? If on my taxes I report that I lost money when TD Ameritrade reports that I had a gain wouldn't this look odd and possibly cause me to get audited?

Thanks,
Josh