It depends. If you actually received the funds in 2021 you do have to change the sale date to 2021, you can use January 1. You are not required to report the sale until you actually received the funds.
If you held the stock for more than one year then be sure to select the proper holding period. You can select 'various' as the purchase date if you know you held the stock long term (more than one year). If you did not hold the stock for more than one year then you must indicate short term holding period. This makes a difference on how any gain will be taxed (long term gets capital gain treatment and short term is taxed at your regular tax rate).
You can use summary totals for each holding period if you have several transactions. You may be instructed to do the following with summary totals and it's a normal action.
If you are e-filing your tax return, then mail your statements, and Form 8949, if applicable, along with Form 8453 to:
Internal Revenue Service
Attn: Shipping and Receiving, 0254
Receipt and Control Branch
Austin, TX 73344-0254
If you need a blank Form 8453, you can download this pdf, enter your address information and check the box for Form 8949 (this form is really just a cover sheet)
@xxngn
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
