The company I have buying stock from over the past 7 years. I work for this corporation and buy shares though the employee stock program from my paycheck each month. SO, i have made purchases over the last 7 years, once a month. The company had a SALE OF RIGHTS ENTITLEMENT and gave 3$ per share to each holder. I have about 400 shares.
I received a 1099-b with an X under Applicable check box on Form 8949. The 1099-B lists, 1a amount of shares, 1c date sold, 1d proceeds, 4 federal income tax withheld (0$) and 5 check if noncovered security marked (X), state tax withheld 0$.
What is missing is my date acquired (various over the last 7 years, every month), box 1e cost or other basis and box 2 type of gain or loss. thus, giving me an error on this document in turbo tax.
How do I fill out my 1099-b and do I fill out an 8949 as well?
Please help
