Hey all!
Removed old post, updated. Basically, I have a 1099-B that has some blank fields, and using TT ... I don't know how to proceed. I also do not have a tax advisor, but I'm assuming I may need one finally.
Original post edited because I did find out that this stock was all through an ESPP. I believe it was a 5% discount, and came out of my bi-weekly pay.
The company's parent is based on Canada. So in parallel to this 1099, I recieved a T4PS, that shows a capital loss.
Any suggestions?
Thanks!
Here's what I'm missing on my 1099B:
1) Date Acquired (Box 1b)
3) Cost or Other Basis (Box 1e)
4) Sales Section - It should state one of the following:
- Short-term basis reported to IRS (covered)
- Short-term basis not reported to IRS (noncovered)
- Short-term did not receive 1099-B form
- Long-term basis reported to IRS (covered)
- Long-term basis not reported to IRS (noncovered)
- Long-term did not receive 1099-B form
- Unknown term basis not reported to IRS
