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Investors & landlords
If you did not sell stock, there would be nothing to report. However, if the company sold shares to cover taxes, it would seem there should be a sales statement. If the company retained the shares to cover taxes, then there was no sale.
I want to urge you to create a financial notebook that is kept separate from your tax return. Keep it safe and each year, add your year-end statements from all your financial accounts plus a copy of your W2’s, your carryover information, and proof of your basis in your various investments. You must keep tax records from the time you vest/purchase until sold/ loss used plus 3 years. It is very easy to lose track of disallowed losses / carryforwards/ basis.
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May 16, 2021
8:34 PM