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

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

wi091
New Member

I have a 1099-B for a Metlife to Brighthouse spin-off Distribution. The information on the form do not match the mandatory fields of TurboTax. How do I fill this in.

1a  X               0.545455 Shares Sold @ 58.71 Brighthouse Financials

1c 10 Aug 2017

1d 32.02

4 0.00 

5 X

That's it. Please help me fill in the mandatory fields.

Connect with an expert
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 Reply
Anita01
New Member

I have a 1099-B for a Metlife to Brighthouse spin-off Distribution. The information on the form do not match the mandatory fields of TurboTax. How do I fill this in.

So, it sound like this was a sale of fractional shares.  #of shares sold is .545455, date of sale would be 08/10/2017, proceeds of $32.02.

Date of purchase would be the date you originally bought the MetLife stock.  The cost basis would be a fairly complex calculation, but since it's such a small amount, you could just use zero and preserve all your original cost basis for when you sell the stock you received.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies