Half right, my friend. IB provides sch d. The big question is, unlike last year, will the sched d be right. Will the sales on sched d add up to the same amount as on 1099. And of course, will the gain or loss be right. The half you were right on is that sched d is ultimately your own responsibility.
Well - The 1099's just appeared. However, I think they may have messed up the "Total ordinary dividends" vs the "Qualified dividends". Jack
I got so upset with the qualified dividends crap and the Schedule D that I switched entirely to futures trading (I only did ETFs last year). I can't wait until next year when I only have to enter two lines in TurboTax (interest income and futures profit).