turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

j1doole
New Member

My 1099B says that 15 of 15 shares were sold @ $9.00 on 2 Jul 2018 and totaled $135.00. Is the Cost or other basis (Box 1e) the $9.00 for each share sold?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
Ashby
New Member

My 1099B says that 15 of 15 shares were sold @ $9.00 on 2 Jul 2018 and totaled $135.00. Is the Cost or other basis (Box 1e) the $9.00 for each share sold?

No, the cost basis is how much you paid when you purchased the stocks. $9.00 is the gross proceeds per share.

View solution in original post

1 Reply
Ashby
New Member

My 1099B says that 15 of 15 shares were sold @ $9.00 on 2 Jul 2018 and totaled $135.00. Is the Cost or other basis (Box 1e) the $9.00 for each share sold?

No, the cost basis is how much you paid when you purchased the stocks. $9.00 is the gross proceeds per share.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question