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Get your taxes done using TurboTax
1. The original sales price? You only sell the stock once and it should be on the 1099-B with the date and proceeds. The basis is the problem discussed above.
2. I think you are asking if this is LIFO, FIFO or are you choosing lots. When you sold the stock, did you tell the broker which set of stocks to sell? If so, use those lots. If not, FIFO, First In First Out or first purchased, first sold. This would mean your oldest stocks would be sold. Use that basis for the sale.
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‎February 7, 2024
4:07 PM
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