Reading various posts on this forums about stock liquidation and AABA, I've figured out how I should report them to IRS. I've both RSUs and stock obtained thru ESPP. Reporting RSUs is straightforward -- I know my vesting dates, and so I've been able to find the FMV on those dates for cost basis. I also figured out my cost basis for ESPP, and what the 'bargain' factor is. The only trouble I'm having right now is that TurboTax isn't allowing me to enter that bargain factor without a W2, either from Yahoo!/Verizon or Altaba, because that amount is well over $2k. I contacted Verizon and they said Altaba should issue the W2. I guess that makes sense because it's AABA after all that I held and got liquidated. I contacted Altaba Inc. via email a couple of days ago but have yet to hear back. If they don't respond, or say they don't/won't provide a W2, I'm not sure what to do here.
So:
- Is one required to report the bargain element of ESPP? I think yes, even if it's a (partial) liquidation and not a sale.
- Can it be reported without a W2? TurboTax says no, at least when it's above $2k.
- If a W2 is required, has anyone got one from Altaba?
All I need is a W2 and then I'm thru!
-TC
