Like others, I'm finding this thread helpful though it was started last year.
My question is around stock awarded as service awards by my wife's company, i.e. five shares for five years, ten shares for ten years, etc. The company was acquired by a private firm last year and the stock liquidated. The transfer agent handling the transaction coded Box 5 as Non-Covered Securities - Code X (unknown Holding Period).
Even though it would be simple to go back and determine the quarter in which the stock was awarded is there any benefit to doing so? The cost basis for us is zero since this was simply awarded and we'll pay tax on the entire proceeds, correct?
Final question: How is this coded in TurboTax? The drop-down box had options such as ESPP, NQSO, RSU, etc., but this was none of those; it was simply awarded. What is the correct acquisition designation?
Thank you for the help!
