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I need a tax professional familiar with investment
Hello, I need a tax professional familiar with investment scenarios. I have a 1099 B that does not include the cost or other tax basis and the type of gain or loss of an investment sold. Please advise… read more
Chad EA, CDFA®, CFP®
Chad EA, CDFA®, CFP®
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Have a question - I received stock shares from my employer 4
Have a question - I received stock shares from my employer 4 years ago and they vested this year. I sold the stock, a portion of which was withheld to cover taxes. It appears the income I received is … read more
Lev
Lev
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Bachelor's Degree Equivalent
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Received 1099- with the ability to import into my program.
Received 1099-B with the ability to import into my program. There are several transactions that were imported as "Undetermined Term Transactions for Noncovered Tax Lots. The program automatically put … read more
Chad EA, CDFA®, CFP®
Chad EA, CDFA®, CFP®
IRS Enrolled Agent, CFP(R),
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Robin. I received some "restricted stock unit" distributions
Hi Robin. I received some "restricted stock unit" distributions from my employer last year for which I received a 1099B. The 1099B only shows the quantity of shares, date sold, gross proceeds and cost… read more
emc011075
emc011075
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I'm working on capital gains. Where on the form 8949 do you
i'm working on capital gains. Where on the form 8949 do you list an x that is a noncovered security … read more
taxmanrog
taxmanrog
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Employee has ESPP shares. Some are qualified dispositions
Employee has ESPP shares. Some are qualified dispositions and some are non-qualified dispositions. He also had non-statutory stock options he sold (same day sale). He received a W-2 with a code V in b… read more
emc011075
emc011075
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I received RSUs in 2014 and 2015. I paid tax on the stock
I received RSUs in 2014 and 2015. I paid tax on the stock through my W-2. I sold the stock in 2016 but my 1099-B is showing the cost basis as zero instead of what I paid regular income tax on. I know … read more
Lev
Lev
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Bachelor's Degree Equivalent
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I received a 1099- from a company merger that happened in
I received a 1099-b from a company merger that happened in 2014. The only boxes with information are 1a,1c,1d, and box6 has Gross proceeds checked. Where and how to I put this in my 2016 tax return? … read more
Stephen G.
Stephen G.
Sr Financial & Tax Consultant
Bachelor's Degree
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Regarding the stock transactions on the 1099- that need to
Regarding the stock transactions on the 1099-B that need to go on the 1041. Is it true that even if the transaction was short term (purchased 06/01/2015 and sold 12/31/2015) it is considered a long te… read more
Stephen G.
Stephen G.
Sr Financial & Tax Consultant
Bachelor's Degree
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On my 1099 Undetermined Transactions Tax Lots. I have
On my 1099 B Undetermined Transactions for Noncovered Tax Lots. I have entries for monthly dispositions of iShares Siver Trust and SPDR Gold. It shows Quantity 0 for each monthly transaction and very … read more
Stephen G.
Stephen G.
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I have a question about regarding 1099-. I'm trying to
I have a question about regarding 1099-B. I'm trying to complete my taxes for the tax extension that's due today. I have a statement from Scottrade, my old investment broker. I'm trying to figure out … read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
13,595 satisfied customers
Trying to file my taxes before deadline and wondered where
Trying to file my taxes before deadline and wondered where to enter the buyout from my SF, CA rent stabilized? Also, the new landlord who bought me out didn't send me the 1099-Misc. what should I do? … read more
Lane
Lane
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Doctoral Degree
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I have a retired client with a $84,875 box 1 entry on his
I have a retired client with a $84,875 box 1 entry on his w-2 from the exercise of stock options. His w-2 also has $82,908 in box 12 marked as a V. He has also received a 1099-B reporting $211,205 pro… read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
34,267 satisfied customers
The cost basis reported on my 1099- is not accounting for
The cost basis reported on my 1099-B is not accounting for the compensation component and I think I am being taxed twice (once on the income reported in the w-2 and again on the 1099-b). What's the 'f… read more
Bill
Bill
Master's Degree
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I received my company's common and preferred stock as a
I received my company's common and preferred stock as a bonus in both 2013 and 2014. Part of the stock was sold to cover taxes. The value of the stock was reported on my w-2. I sold the stock in 2014 … read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
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Employee stock purchase gain $2036.66 is included in the amount
Employee stock purchase gain $2036.66 is included in the amount reported in Box 1. Now the IRS is asking to file Sch D for the stock sale and purchase transactions during the year, If we do that we ha… read more
Robin D.
Robin D.
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How do I report (or do I need to report) CALL options on my
How do I report (or do I need to report) CALL options on my 1099 from my broker. The 1099-B says that each transaction is not 1099 reportable but am I still required to report somewhere?… read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
34,267 satisfied customers
What is the best approach to take tax wise with my WaMu stock portfolio
WM/JPM employee 708.678 common shares of WM 514.716 shares in 401k 1822 shares of stock options 2388 restricted shares… read more
Marvin,EA
Marvin,EA
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