Hi - I have a form K-1 that reports a cash distribution I received from my private employer for which I have equity (stock options). I was advised to report it as a sale of stock as my tax basis is $0 but how do I report how I originally acquired the stock? None of the options (bought, inherited, gift, divorce, short sale, etc. ) apply. There is an option for receiving stock as a result of other corporate activity but then TurboTax won't let me proceed until I select how I originally received the stock! Thanks for your help!
