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Capital Gain on Stock Sale Issue
I was awarded company stock in 2015 at which time I paid income tax in that year. I sold the stock in 2019. Fidelity held the account for the entire time. In my 2019 tax statement from Fidelity they have reported the sale as "Short term sale - basis not reported to the IRS". Turbotax treats it as a short term sale and calculates the tax as such. The entire amount of the sale was reported as short term capital gain.
First, since I paid the tax in 2015 isn't the cost basis the share price on the day I got the stock in 2015? I do know the price on that date.
Second, how do I change the date of acquisition to 2015 so that it is treated as a long term gain and not short term?
‎January 31, 2020
7:36 AM