And Congress is likely soon to require brokers to report to the Internal Revenue Service and to you not just the gross proceeds of securities sales (as they do now on form 1099-B) but also your cost basis.
It also makes clear the further potential of our compact vehicle architecture, which provides the basis for the A- and B-Class models that led the German market in their respective segments in the first quarter of 2013.
If Box 6b of the 1099-B form is checked, the firm is reporting cost basis to the IRS, says tax attorney Stevie Conlon of Wolters Kluwer Financial Services.