I had purchased Class B Common Stocks while working at former employer. When I left, they repurchased that with a promissory note at the same value I had purchased + interest, that was paid this year, and I had the impression I would pay tax only on the interest, so I thought they should issue a 1099 INT.
But they did actually a 1099 NEC with the total value of the note + interest. Is there a way to input a cost basis for that? Is this even correct or should they actually fix it with 1099 INT instead?
