kgreg99
New Member

Investors & landlords

My situation is close to this but (Sell to cover) and things look good for my 6 entries except for two.

Two entries a capitol gain even though I've addressed them the exact same way as the others. They shouldn't because I've set the Box 1d (proceeds) and 1e (Cost basis) to be the same at $7386.42

It's saying Box B Short term sales with cost basis Not reported to the IRS in $4889 (this number includes the other problem grant).

The situation for one is: Granted 5 sh, sold 3 to cover so tax held was $7386. That all lines up with the process except when I'm done its saying I have a $2455 gain. Why?

 

One more question. What should I choose for holding period? For now, I've selected Box X Unknown holding period, then "S"=Short-Term (One year or less)

Thanks in advance for any inputs.