December 26, 2025
As I am far from a tax professional, I would not be a reliable source for that level of detail.
In response to your question as to where to find a tax professional?
This time of the year the tax accountants and CPA’s come out of the woodwork.
The challenge will be – Is the person familiar with Net Unrealized Appreciation? I suspect it could be a challenge as I don’t believe many have encountered it in detail.
My recommendation if you don’t find an experienced source:
I had a need to file an Estate Tax form 706 two years ago. I found that H. & R. Block was the most logical source since they have a national back-office staff of professionals. I prefer an organization of professionals rather than a small shop for complex subjects. They also have customized software for various subjects.
Ask for a Master Tax Advisor or a Registered IRS Agent at your local office. They will want to do your tax returns at a price of course.
The key points to keep in mind when interviewing a source:
- NUA’s are not subject to NIIT
- To avoid the NIIT, the NUA must be deducted on Form 8960, Line 5b (Entered from Form 8960 Worksheet if using TurboTax)
- All distributions from an NUA are LTCG.
- The cost basis on the Form 1099-B could be missing or incorrect and would need to be adjusted in TurboTax or whatever software is used.
- Selling half of the shares adds complexity.
