Originally Posted by pb4uski
No, a capital gain in a HSA brokerage account would not be taxable or reportable to the IRS unless you withdrew an amount equal to the gain from the HSA (and didn't have that amount of qualifying medical expenses). If you log on and go to their tax center is there a 1099-B?
My guess is that the 1099-B that downloaded into your tax software was for CA tax purposes only and not for federal purposes. Does the gain show up on your federal return Schedule D? On your CA return?
One correction to my original post. I think the report I downloaded (shown in the screenshot in my original post) was actually a Report for 1099-B, not the actually 1099-B. The report was created by GAINSKEEPER, I think TDAmeritrde uses that to track stock transactions. I'm not seeing an actual 1099-B under my acct.
If I understand this TDAmeritrade webpage correctly, it means they did not file a 1099-B to the IRS, see screenshot below says "No Tax Document" for my account. Then somewhere down below the same page, it shows the 1099-B summary/detail reports by GAINSKEEPER.
Is my understanding correct?