1099-B Box 4 missing from E Trade form

[Anonymous]

I received a 1099-B from E*Trade, but it doesn't show Box 4 on the form for Federal Taxes withheld. I'm pretty sure that some taxes were paid when the shares were purchased via my employer, but it was years ago so I am not sure. 

[JillS56]

Box 4 is Federal Tax Withholdings.  When you say Box 4 is missing do you mean that Box 4 is blank?      If so, is not unusual that Box 4 would be blank on a 1099-B.   Typically, tax withholdings are not withheld from stock sale transactions.   Unless you specifically requested withholdings from trades then it will be blank.

If you feel it is incorrect, I would contact customer services at E*TRADE to clarify.

[Anonymous]

I would understand if the Box 4 was blank or showed $0, the problem is that I can't find where the Box is on my 1099 consolidated. I thought there was another 1099-B form they would send me, but I read online that this is it. And should have all the information I need? But I don't see anywhere on this form where it says federal or tax withholdings! 

[VolvoGirl]

If you bought the shares through work, the withholding would have been on your W2 back then.   I don't know how all that works.   @macuser_22  or who?

[macuser_22]

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@VolvoGirl wrote:

If you bought the shares through work, the withholding would have been on your W2 back then.   I don't know how all that works.   @macuser_22  or who?

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Box 4 on a 1099-B is for tax withheld at the time of sale, not the time of purchase.  Usually no tax is withheld unless the account owner specifically asks for it.

[Anonymous]

The stock sold was part of an employee insentive program years ago. My issue is that I don't recall if they were taxes payed up front, and it makes sense that I have to pay taxes on the gains. My issue here is that the only form E*Trade provided is a 1099 consolidated. Nowhere in these pages there's a box 4 or the box for the state taxes withheld. Do I just assume they are $0?

[VolvoGirl]

You would know if you asked them to take taxes out of the sale.  So if not then leave box 4 blank.  The taxes withheld at work was when the employer gave you the shares and the cost was part of your income on your W2.