jomigo4
New Member

Investors & landlords

David,

Thanks for the quick reply. But I received a 1099-B which was also furnished to the IRS, so don't I have to enter this into TurboTax?

They were awarded as a sell-to-cover transaction....so let's say 100 shares were awarded, then maybe 30 of them were sold to cover the cost of the shares and the taxes, and the balance was put in my trading account.

So in this scenario, the cost basis and the proceeds are roughly the same, so yes they balance out to approximately zero.

I'm not following your last statement about shares held. In my case shares are held after the sell-to-cover. So what do I do with this?