Oleanmike
Returning Member

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?