212389
You'll need to sign in or create an account to connect with an expert.
You will have to enter them in multiple transactions, according to the discount rate.
More specifically, you need to report your one sale as two different sales, one for the 15% discount period and another for the 5% discount period. Naturally the "proceeds" for each sale is allocated by the number of shares sold in each sale and totals the amount of proceeds reported on the 1099-B.
Breaking the one sale into two sales will then allow you to report the discount correctly for each group of stocks.
Tom Young
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
tonyych
New Member
george1550
Returning Member
michellezale8
New Member
makeitreynes
New Member
Liv2luv
New Member
in Education