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After you file
Take a good look at the tax bill for 2016 they sent you.
Also get a transcript from IRS for 2016. https://www.irs.gov/individuals/get-transcript
The reason for this is when IRS sees stock sales NOT reported they many times give you a $0 cost basis and tax it at Short-term gain, when you have a cost basis and it should be long-term.
So YES, if that is the case I would Amend and the tax on the return is actually what is assessed on the tax transcript by IRS.
‎June 3, 2019
5:00 PM