ThomasM125
Expert Alumni

Investors & landlords

You can report the sale as a normal stock sale.

 

It sounds like the income was reported on your W-2 form and again on your form 1099-B. In this situation, you need to report both forms as they are listed, but with the 1099-B you will see this screen when you report it in TurboTax:

 

 

Highlighted in blue at the bottom, you will see "I'll enter additional information on my own." Click on that option to enable you to report the correct cost basis of the shares sold, which should include the income reported on your W-2 form.

 

What happened to the taxes paid, are they listed as taxes withheld on your W-2 form or 1099-B?

 

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"