This would be reported the same way as a sale of stock. Your information would be entered the same way as the information on a 1099-B.
To enter the spinoff without a 1099-B follow these instructions:
- Click on Income & Investments
- Scroll to Investments and Savings and click on Start (or Edit or Review)
- Click on Add Investments. And then Continue on the next page
- Choose to Enter a different way
- Pick Stocks, Bonds, Mutual Funds and Continue
- Which bank or brokerage sent you a 1099-B for these sales?, Enter name of brokerage, and Continue
- Answer questions on next page and Continue
- Now, Choose how to enter your sales, One by one, Continue
- Continue past the page Look for your sales on your 1099-B
- You can enter your sales on the next page.
- In the first box, Sales section, Choose Short-term (or long-term) did not receive 1099-B form
Continue with the information for your sales
You can still e-file with an extension as long as you file by the last day of the extension period which is October 15.
@Muse9876
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