Investors & landlords

Yes you do, if you actually receive a 1099-B.

With a "same day" sale - vesting and sale occurring simultaneously - brokers are not required to issue a 1099-B, though they are required to provide a "statement" with the same information on it.  If you don't get a 1099-B then you don't need to report the sale although you can if you wish since "same day" sales typically result in a small loss due to selling commissions and fees.

If you do get a 1099-B or decide that you want to report the sale even though a 1099-B wasn't issued, then you need to upgrade to the online "Premier" version.

Tom Young

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