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Investors & landlords
Stock (non-employee) may be the best option available to select under What type of investment did you sell?
The issuer of the IRS form 1099-B either does not have the cost basis or is not required to disclose the cost basis. Review your personal records including sales tickets to determine a cost basis.
If the stock rights were issued to you because you were an owner of stock, you may choose to allocate the cost basis of the original stock over the original stock and the stock rights.
Consider this example, you purchased one share of stock for $50 and you were issued one stock right. Allocate the $50 cost basis over the original one share of stock and the one stock right.
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March 27, 2025
6:29 AM