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Level 5

Question

Help with 1e on 1099-B

Forum|Forum|2 years ago
April 3, 2024
7 replies
26 views

My 1099-B says tat for 1e I have to put cost basis. My form lists "FMV" per share. Would the value for 1e be the FMV multiplied by the amount of shares I bought/sold or do I have to get this value somewhere else? Thanks

Not A Product Question

Level 15

If this was employee stock, or inherited stock, yes, you have to get the value somewhere else.

If employee stock, it was the cost you paid for the stock when you purchased/were awarded it. This should be on your employer records or forms regarding the vesting of your stock.

If inherited stock, it would be the FMV on the date of death of the grantor.

Here's more info on Cost Basis of Employee Stock and Finding a Stock Cost Basis.

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Level 5

Thank you. It is employee stock. What is the "FMV per share ($)" listed on the 1099-B I received for?