I get confused with this every year. I get a consolodated 1099 for stock plan transactions for my wife every year. It seems the company does something with the stocks two times a year (beginning and end).
I never remember how to file this information.
The only field with a number on the 1099 is under the 1099-B in box 1d (PROCEEDS) and box 1e (COST OR OTHER BASIS). This number is the same in both boxes. Let's say it's $1,000.
Do I need to do something with this $1,000 number?
I also received a "supplemental" document that gives me a break down of the sales (there are 4 sales but only two unique grant numbers). In this sheet, there is an adjust gain (loss) number and a cost basis number which is that loss number subtracted from the $1,000 from the 1099-B.
So my main question really, what form and what numbers/etc. do I need to file here, especially since it is showing as a loss.
Thanks. Could really use help here.
