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?

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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.

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My son lives in my 2nd home year round and pays the mortgage which is a lot less than fair rental prices. Do I report it as income or is this a case of cost sharing with a close family member?

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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?