AmyC
Expert Alumni

Investors & landlords

In program, under Investment Income  GET EXTRA HELP has article explaining to adjust basis by adding W2 compensation if not added in 1099-B - most likely was not added. A same day cashless transaction will usually net a small loss representing commission and fees for the transaction.

 

Yes, follow these steps:

  1. After entering the 1099-B, continue
  2. Done, Sale of employee stock? Yes
  3. Remember? yes or no
  4. continue
  5. Select NQSO
  6. continue
  7. Identify employer, continue
  8. same day or not?
  9. continue
  10. Enter sales date and  number of shares.
  11. continue
  12.  Total proceeds summary
  13. continue
  14. lots are identified, continue 
  15. then purchase information can be entered
  16. continue
  17. view results

@dhavalrathod 

 

 

 

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