topic I lost my job in 2016 and my company stock was placed with a transfer agent and is currently still with that agent. Will I have to pay tax for 2016 on that stock? in Investors & landlords https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/i-lost-my-job-in-2016-and-my-company-stock-was-placed-with-a-transfer-agent-and-is-currently-still/01/390337#M15828 Tue, 04 Jun 2019 19:21:42 GMT terri-wright 2019-06-04T19:21:42Z I lost my job in 2016 and my company stock was placed with a transfer agent and is currently still with that agent. Will I have to pay tax for 2016 on that stock? https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/i-lost-my-job-in-2016-and-my-company-stock-was-placed-with-a-transfer-agent-and-is-currently-still/01/390337#M15828 Tue, 04 Jun 2019 19:21:42 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/i-lost-my-job-in-2016-and-my-company-stock-was-placed-with-a-transfer-agent-and-is-currently-still/01/390337#M15828 terri-wright 2019-06-04T19:21:42Z If there is a legal way around taxes, I haven't found it.... https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/if-there-is-a-legal-way-around-taxes-i-haven-t-found-it/01/390343#M15829 <P>If there is a legal way around taxes, I haven't found it.&nbsp; To Cashout the stocks, usually the govt. requires a certain percentage be taken for taxes.&nbsp; The value of the stock is considered income and a 1099 will be sent to you.&nbsp; There are ways to defer taxes to future years, but it will still have to be paid sometime and it increases your chances of the dreaded audit.&nbsp; Good luck.&nbsp; Deano<BR /></P> Tue, 04 Jun 2019 19:21:43 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/if-there-is-a-legal-way-around-taxes-i-haven-t-found-it/01/390343#M15829 deanomitew 2019-06-04T19:21:43Z