How do you find what type of investment you sold on a 1099-B to know if you sold a RU, non-employee stock, or something else?

[SabrinaD2]

To determine the type of investment you sold on a 1099-B, you can follow these steps:

1. Check your 1099-B: Look at the "Description of Property" section for details like the asset description, CUSIP, or ticker symbol.
2. Compare with Broker's Statement: Match this information with your brokerage statements or employer records.
3. RSUs: Typically, RSUs appear as ordinary income on a W-2, not a 1099-B, unless they were sold. To find RSUs on your W-2, check Box 1 for total wages and Box 14 for separate RSU reporting. Review any supplemental documents from your employer or contact HR for clarification.

Fidelity Learning Center: This article explains what Form 1099-B is and how to use it to report broker transactions, including calculating capital gains and losses.

• Fidelity Learning Center

[brandonlupo7]

The sale was company stock but that is not listed as an option in the dropdown. Do I choose stock (non-employee)? How do I determine cost basis?

[CatinaT1]

You should have several pages of additional information on your statement. The answers to your questions should be on those detail pages.

[brandonlupo7]

@CatinaT1 it does not give me that info.

[JotikaT2]

Please see the following link for more guidance as it may vary depending upon the type of stock you have and how you received the stock.

How do I find and enter the cost basis for my RSU or ESPP sale?

These links also provide a bit more detail on how to enter the information into TurboTax based upon the type of stock that was sold during the year.  

How to Report RSUs or Stock Grants on Your Tax Return

What are restricted stock units (RSUs) and how do I report them?

How do I enter Employee Stock Purchase Plan (ESPP) sales in TurboTax?

In regards to the cost basis, you may need to reach out to your HR department or payroll department to see if they have the cost basis if the brokerage company does not provide the information to you.  Another option is to review your tax records from the year where the stocks were issued or granted (if applicable) as you may have been issued a letter then that would help you determine your cost basis.

How do I find a stock's cost basis?

@brandonlupo7