Solved: How do i handle the sale of stock options without a 1099b
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How do i handle the sale of stock options without a 1099b

How do I report exercising my stock options from my company?  I received a check so I'm assuming that it needs to be reported as income.  I did not receive a 1099-B form.

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How do i handle the sale of stock options without a 1099b

To visit this section of TurboTax:

  1. With your return open, click the Federal Taxes tab 
    or 
    Personal if using Home & Business
  2. Then, Wages & Income
    Desktop users will then need to click I'll choose what I work on
  3. Click Jump to full list or similar verbiage if you see it
  4. Then, scroll down to the "Investment Income" section. 
    Online users may need to click Show more to expand the section
  5. Next to "Stocks, Mutual Funds, Bonds, Other" click Start/Update/Revisit
  6. When asked "Did you get a 1099-B or a brokerage statement for these sales?" select No.
  7. Next, Choose the type of investment you sold, then follow the entry screens

If needed, please see this TurboTax FAQ that answers "How Do I Find the Cost Basis for My Investments? "
You may need to click See entire answer below to expand the FAQ.
https://ttlc.intuit.com/replies/3300454

View solution in original post

1 Reply
Highlighted
New Member

How do i handle the sale of stock options without a 1099b

To visit this section of TurboTax:

  1. With your return open, click the Federal Taxes tab 
    or 
    Personal if using Home & Business
  2. Then, Wages & Income
    Desktop users will then need to click I'll choose what I work on
  3. Click Jump to full list or similar verbiage if you see it
  4. Then, scroll down to the "Investment Income" section. 
    Online users may need to click Show more to expand the section
  5. Next to "Stocks, Mutual Funds, Bonds, Other" click Start/Update/Revisit
  6. When asked "Did you get a 1099-B or a brokerage statement for these sales?" select No.
  7. Next, Choose the type of investment you sold, then follow the entry screens

If needed, please see this TurboTax FAQ that answers "How Do I Find the Cost Basis for My Investments? "
You may need to click See entire answer below to expand the FAQ.
https://ttlc.intuit.com/replies/3300454

View solution in original post

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