- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
Thank You, Tom!
The information you provided is very helpful.
I actually do have the correct basis for each lot including employer compensation, from 11 annual detail statements. From these detailed statements, it appears that stock is purchased at the end of each 2 week pay period ( 2 week lots?). I also have other lines for stock from the same company on the 1099-B, including a summary line for long term covered (basis reported to IRS) gains and a summary line for short term covered gains over different periods, so I don't believe I can do a summary for the full 1099. The compensation data entry portion of Turbo Tax is where it appears I need to enter data by individual lot. It's unfortunate I don't seem to be able to enter a summary there from the annual detail statements.
Don't know if you have any additional insights from the information I have added.
Whether you do or not, I greatly appreciate the information you have provided.
Thanks Again!