1099B has no boxes checked except shares sold & total value. R d as a bonus to salary? How do I report as these shares are from 1996?

markgraf1305 · Mar 24, 2020 10:42:13 AM

Di I report value of shares when issued & report difference as income?

Di I report value of shares when issued & report difference as income?

posted

Your acquisition date would be the date you received them, and your cost basis would be the value at the time you received them (assuming that amount was included in your taxable income that year). The difference will be a long-term capital gain.

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

I withdrew inheritance income that was invested into shares (info on form 1099-B). Each short/long term transaction says "Report on Form 8949 Part 1/2" how do I report?

in Get your taxes done using TurboTax

Expert does your taxes

Do it yourself

Resources

Support

1099B has no boxes checked except shares sold & total value. R d as a bonus to salary? How do I report as these shares are from 1996?