Hello,
I am trying to get more information around how best to file with 1099-B for 2023. This is a use case for RSU's that were exercised years ago and a merger/acquisition happened in which I filed in previous tax years.
Now, years later cash proceeds that were held in escrow were distributed to security holders and I am trying to figure out how to input this properly.
In TurboTax Premier desktop I am being asked for:
- Sales Selection --> I assume this would be 'long term basis not reported to irs - non covered)?
- Date investment was acquired --> ? would this be 2023 as this is when Payment was received?
- Cost or other basis --> ?
The only boxes that have values are
- 1c - Date sold or disposed --> 2018
- 1d - Proceeds --> $xxxx
- 5 - non covered security - checkmark in box
The wizard does attempt to help me calculate my cost basis , however given I already have
