turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

1099-B details for rights stock sold what is the cost basis or date acquired if shows quantity=0??

1099-B Shows Quantity = 0, column 1d shows amount $69.93 Additional information shows Gross Proceeds. All other columns are blank except the date sold. I called the trading company. They said the company sold 712 RIGHTS @ .0978 = 69.63. What to enter for Turbo Tax for Date Acquired? and Cost or other basis

Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
MinhT
Expert Alumni

1099-B details for rights stock sold what is the cost basis or date acquired if shows quantity=0??

For stock rights sold, the cost basis is 0 and the date acquired is the same date you sold them.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

1 Reply
MinhT
Expert Alumni

1099-B details for rights stock sold what is the cost basis or date acquired if shows quantity=0??

For stock rights sold, the cost basis is 0 and the date acquired is the same date you sold them.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies