Reporting a Stock Dividend

[fasteddie577]

I owned stock ABC in 2022. The ABC Company gave me 10 shares of the ABC stock as a stock dividend. I sold the stock dividend shares in 2022 for $78. Do I report this capital gain as a stock sale or as a dividend?  Thank you.

[AmyC · Accepted solution]

You are selling 10 shares of stock so it goes on Sch D.

See:

Publication 551 (12/2022), Basis of Assets - IRS

About Schedule D (Form 1040), Capital Gains and Losses - IRS

[fasteddie577]

Thank you AmyC. Have a great day.