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fasteddie577
Level 6
February 17, 2023
Solved

Reporting a Stock Dividend

  • February 17, 2023
  • 1 reply
  • 23 views

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.

Best answer by AmyC

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

1 reply

AmyC
AmyCAnswer
Level 15
February 17, 2023
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fasteddie577
Level 6
February 17, 2023

Thank you AmyC. Have a great day.