Another way to look at it, i think in 2022 i was in constructive receipt, but the rollover stock was not a tax-deferred transaction becasuse of this ???
- absence of a 1099-B form doesn't necessarily mean you don't have tax obligations. Responsibility for reporting taxable transactions rests with taxpayer.
- Even if you didn't receive a 1099-B, you should still report sale of your company and any associated stock transactions on your tax return.
- Tax treatment of rollover stock may vary depending on factors (i.e. whether…
- stock is subject to a lockup period - YES
- publicly traded - YES
- elect to defer recognition of gain under applicable tax provisions –a tax-deferred rollover prohibited since it was NONE of these transfer types
- section 1031 - Like-Kind Exchanges (LLC private shares <> PUBLIC shares)
- section 351 – must retain a major control of votes
- section 368 - corporate Reorgs
- section 721 – contribution to a partnship
