In 2016 I received the "hold back" payment from an ISO stock transaction where the Company was sold. There is no 1099 being issued. Do I need to self report?

When I asked about getting a 1099 6the Payments administrator said I would not get one as they were not required to perform tax reporting on the payment. Do I still need to report the income?

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1 Best answer

Level 13

Jun 4, 2019 3:37:29 PM

Yes, you still need to report the income. Use the "Stocks, Mutual Funds, Bonds, Other" interview and tell TurboTax that you DIDN'T get a 1099-B.

Tom Young

Level 13

Jun 4, 2019 3:37:29 PM

Yes, you still need to report the income. Use the "Stocks, Mutual Funds, Bonds, Other" interview and tell TurboTax that you DIDN'T get a 1099-B.

Tom Young

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In 2016 I received the "hold back" payment from an ISO stock transaction where the Company was sold. There is no 1099 being issued. Do I need to self report?