To determine the type of investment you sold on a 1099-B, you can follow these steps:
- Check your 1099-B: Look at the "Description of Property" section for details like the asset description, CUSIP, or ticker symbol.
- Compare with Broker's Statement: Match this information with your brokerage statements or employer records.
- RSUs: Typically, RSUs appear as ordinary income on a W-2, not a 1099-B, unless they were sold. To find RSUs on your W-2, check Box 1 for total wages and Box 14 for separate RSU reporting. Review any supplemental documents from your employer or contact HR for clarification.
Fidelity Learning Center: This article explains what Form 1099-B is and how to use it to report broker transactions, including calculating capital gains and losses.
