Investors & landlords

Thanks for documenting guys. @ammad_h, I'm in a similar boat. My broker reported to me on my 1099-B both sales my employer made to cover the taxes for my grant & sales I made to trade the remaining stock. When I report the FMV (price day of grant x # of shares) to each of these lines from my 1099-B into my Turbotax form, ultimately, my tax liability goes up a crazy amount.

Considering that I LOST MONEY on the sales (stock price dropped between when I acquired and sold), I would think that I'd be looking more at a refund rather than an amount owed to fed & state.

ex... mockup from 1099-b using @ammad_h 's stock amounts

1a.   1b date acq     1c Dsold     1d Amt    1e CostBasis
16     5/15/15           5/18/15       160          160
34     5/15/15           9/18/15        170         340    
*assuming stock stayed the same price between 5/15/15 and 5/18/15. Then stock dropped in half by 9/18/15.

I followed the steps listed above (where I click the "This sale involves an employee stock plan (including ESPP) or an uncommon situation.")...

It seems like there should be a flag or a field in 1f to indicate that the 16 were sold for taxes.

Any thoughts? @TomYoung
-BB