Questions tagged [1099-b]
The 1099-b tag has no usage guidance.
12
questions
2
votes
1answer
22 views
How to Correctly Split Federal Loss From Stock/Options (1099B) Investments Between Two States?
I have been actively investing in the stock market, and received my 1099B.
Mid-year, I moved states.
For the sake of simplicity, Jan-Jun in State A, and Jul-Dec in State B.
I have more than enough ...
0
votes
1answer
126 views
How to avoid getting double taxed by 1099-B / K-1
In the last year, I bought and sold many shares, one of them a partnership (BEP) - I didn't know at the time, and had no idea about the consequences. Note that I am not in any way interacting with ...
0
votes
1answer
736 views
How do I report a sale of stock of the private corporation?
For a sale of shares of a listed corporation, the stockbroker reports the transaction to the IRS and the seller by 1099B reporting. When a shareholder sells his shares in a private corporation (...
0
votes
1answer
51 views
Tax on sale and distribution of mutual fund
I have investments in a mutual fund. That fund grew in value (i.e. had a distribution) So I got a 1099-DIV. I understand I have to pay capital gains tax on this growth.
However I also sold some of ...
1
vote
1answer
182 views
Why is the cost basis reported by a broker on RSUs 0 USD?
I notice that E-Trade reports on the Form 1099-B that the cost basis for vested RSUs is 0 USD.
Shouldn't the cost basis that report in my tax form be the value of the shares at the time of vesting?
...
3
votes
1answer
188 views
My stock broker gave me two 1099-Bs. Should I file two Schedule-Ds?
Robinhood is my broker and this year I decided to file my Federal and state taxes by myself.
Robinhood gave me two 1099-Bs for last year. Half of my transactions are on one 1099-B and the other half ...
2
votes
1answer
85 views
Mismatched cost basis on 1099-B form for ESPP shares
I have a question about my 1099-B form regarding ESPP sales. My company allows me to buy shares at a 15% discount through an ESPP program. I buy-and-hold for 1 year 1 day so my sales are taxed at ...
2
votes
1answer
519 views
1099-B Proceeds/Cost Basis reported incorrectly? Or user error?
I was trying to enter my 1099B's from Robinhood into Credit Karma Tax....
The short version of the issue is that I made ~$4k this year, but the 1099B's I have seem to have a cost basis $32,000 ...
2
votes
2answers
494 views
Tax forms to report Capital Gain/Losses for Non-Resident Alien on F-1 visa?
I am a non-resident alien on F-1 Visa. I recieved a W-2 from my employer. I have also sold stocks and etfs through robo-advisors. I have recieved forms 1099-B and 1099-DIV from them. Where should I ...
2
votes
3answers
12k views
What are the requirements to not report all stock transactions on the tax return 1099-B?
I have been trading in 2017 on Robinhood. The 1099-B file they sent me has 500+ pages. When I requested a CSV file, I see just little less than 2000 lines. Export from Robinhood to TurboTax, TaxAct, ...
1
vote
0answers
34 views
Will backup withholding be applied in this scenario?
May be this is a very basic question but I couldn’t find exact scenario on web which I am looking for.
What I know: If a US person (located or citizen of US) trades equity in market, then the broker ...
3
votes
1answer
1k views
Taxes on Income from an Employee Stock Purchase Plan?
My employer offers an ESPP which allows us to purchase company stock at a 5% discount. I signed up for the plan, but was not interested in holding on to the shares for long, so I sold as soon as I ...
