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How to handle foreign stock gift from company and funky 1099-B form?
My company (German) gave all of us a stock grant. They sold half the grant to pay taxes (in Germany?) and issued us a 1099-B that shows only how many shares were sold to pay the taxes and how much the proceeds were. They gave us, in a separate accounting, the full gist of how many shares were originally granted, what they were worth, etc., but I am guessing that they remain in Germany in my name. I have no idea how to address this 1099-B, since our 1099-Bs are supposed to be for when 'we' sell stock and need to claim ST or LT capital gains. This one is doing nothing of the sort, and they sold enough stock to account for a 40% tax rate! Does anyone know how to deal with this? I am getting zero help from the company.
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‎June 4, 2019
2:14 PM