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MomofDoodles
Level 1

1099-misc same year investment in private company and sale

We received a 1099-misc after selling our shares of a private company in Nov. 2019 that we purchased in March of 2019.  How do we report the the original investment in TurboTax?  We did not receive any other form from this company.  Thank you!

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‎April 16, 2020 1:01 PM
last updated ‎April 16, 2020 1:01 PM
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KrisD15
Expert Alumni
Expert Alumni

1099-misc same year investment in private company and sale

In which box on the 1099-MISC is the income reported? 

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‎April 16, 2020 5:50 PM
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MomofDoodles
Level 1

1099-misc same year investment in private company and sale

Box 7.  Nothing in any other box.  Thanks!

‎April 17, 2020 5:11 AM
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