Investors & landlords
What tax forms did you receive? did you receive a 1099-B? If so, you will enter that under Investments - and be sure to answer yes when asked if this is employee stock. Someone at Publix can confirm which type of employee stock you have if you are unsure; probably are RSUs..... See the link below that describes the difference between Restricted Stock (RS) and Restricted Stock Units (RSUs).
Even if you did not purchase it, the stock was probably included as income on your W-2 when it vested - that is your basis in the stock which may not be reported on your 1099-B. Make sure that you adjust your cost basis (TurboTax will walk you through this if you go through the employee stock interview) so that you do not end up over paying tax for the transactions.
Form 1099-B (Proceeds from Broker and Barter Exchange Transactions) reports the sale of stocks, bonds, mutual funds, and other securities.
Here's where you enter or import your 1099-B in TurboTax:
- Open (continue) your return if it isn't already open.
- In TurboTax, search for 1099-B and then select the Jump to link in the search results.
- Answer Yes to Did you sell stocks, mutual funds, bonds, or other investments in 2019?
- If you see Here's the info we have for these investment sales, select Add More Sales.
- Answer Yes to Did you get a 1099-B or brokerage statement for these sales?
- At Let's get your tax info, choose how you want to enter your 1099-B (import or type it in yourself).
- Follow the instructions. Make sure to indicate that it is employee stock.
Related Information:
What's the difference between restricted stock and a restricted stock unit (RSU)?
How to Report RSUs or Stock Grants on Your Tax Return
