topic Re: A portion of privately held company stock sold in 2020 is held in escrow until 2022. How do I... in Investors & landlords

A portion of privately held company stock sold in 2020 is held in escrow until 2022. How do I calculate the cost basis of the portion sold in 2020?

jaykothari — Tue, 23 Mar 2021 05:24:51 GMT

My 1099-B shows the proceeds but not the amount of stocks sold.

Re: A portion of privately held company stock sold in 2020 is held in escrow until 2022. How do I...

ThomasM125 — Thu, 25 Mar 2021 02:36:47 GMT

The cost basis of the shares would be what you paid for them. You could divide the cost basis by the number of shares acquired to come up with a cost per share, then multiply that by the number of shares you sold in 2020 as listed on your 1099-B form and that would be the cost basis of shares sold in 2020.

Re: A portion of privately held company stock sold in 2020 is held in escrow until 2022. How do I...

jaykothari — Thu, 25 Mar 2021 02:47:50 GMT

Thanks. A follow up question then. I have 3 exercising events. One event qualifies those shares for QSBS. How do I enter that portion of stocks as QSBS within TurbTax? My 1099B does not identify the 3 different exercising events individually, but has the full amount listed in Box 1d.