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What are Deposit only shares

On my transaction statement, some share sales are sources as DO - Deposit Only. There is no such option in the TurboTax investment type sale. What should I choose?

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1 Best answer

Accepted Solutions
RobertB4444
Employee Tax Expert

What are Deposit only shares

Sounds right to me.

 

@rusinpaw 

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View solution in original post

7 Replies
RobertB4444
Employee Tax Expert

What are Deposit only shares

Choose ADR.

 

@rusinpaw 

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What are Deposit only shares

I don't see such option. This is what is see in the dropdown:

 

dropdown.jpg

SharonD007
Employee Tax Expert

What are Deposit only shares

I can't see the options in your drop-down, only a picture I can't recognize.  Can you provide the options?

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What are Deposit only shares

I'm seeing:

  • Employee stock purchase plan (ESPP)
  • Nonqualified stock options (NQSO)
  • Incentive stock options (ISO)
  • Restricted stock units (RSU)
  • Restricted stock awards (RS)
  • Stock (non-employee)
  • Cryptocurrency
  • Mutual fund, index fund, or ETF
  • Bond
  • Options
RobertB4444
Employee Tax Expert

What are Deposit only shares

Stock (non-employee)

 

Sorry.  I thought they had American Depository receipts in there.

 

@rusinpaw 

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What are Deposit only shares

Thanks Robert!

 

From the follow-up dropdown:

  • I purchased it
  • I inherited it
  • I received it in a divorce settlement
  • I received it as a gift
  • It was a short sale
  • I received it from a demutualization of a life insurance company

 

I assume "I received it as a gift" is a correct option if this is a stock reward?

RobertB4444
Employee Tax Expert

What are Deposit only shares

Sounds right to me.

 

@rusinpaw 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
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