Cashless sale of stock options

sucheckj — Thu, 06 Jun 2019 10:07:20 GMT

How do I get to the 8949 form to enter the sale of capital assets for exercising employee non-qualified stock options

If the cashless sale was reported to you on a 1099-B then...

TomYoung — Thu, 06 Jun 2019 10:07:21 GMT

If the cashless sale was reported to you on a 1099-B then enter the sale using the "Stocks, Mutual Funds, Bonds, Other" interview. A "same day" sale like that should, typically, result in a small loss due to selling commissions and fees.

If you didn't get a 1099-B - brokers aren't obligated to prepare them in this situation - then you don't have to report the sale, but if you do want to report you still use the "Stocks, Mutual Funds, Bonds, Other" interview and tell TT that you didn't get a 1099-B.

That's what get information onto Form 8949.

Tom Young

topic Cashless sale of stock options in Investors & landlords

Cashless sale of stock options

If the cashless sale was reported to you on a 1099-B then...