1099-b tax form import from computershare
- Thread starter j4ck4zz
- Start date
brett636
Well-Known Member
I doubt there is a tax program that will do that. The 1099-B usually only shows half of the information you will need to fill out a Schedule D to include in your tax return. It will show what your proceeds were from the sale of stock, but won't show what you paid for it. When i did taxes on a professional basis I had to correct a few returns where someone didn't take this into account and the 1099-B was treated as 100% income when this was almost never the case. Looks like you have some work ahead of you if you sold a lot of stock in 2013. Goodluck!
UpstateNYUPSer(Ret)
Well-Known Member
Thanks for the info Brett! I probably do have some work ahead... Maybe I'll learn something.
You will learn terms such as "cost basis", "wash sale" and "net proceeds".
UpstateNYUPSer(Ret)
Well-Known Member
As long as you held it for longer than 30 days, which if you didn't it would be a wash sale, you can use various.
Mr. Marshall
Well-Known Member
Did you receive your 1099 from Computershare? I have not and I cannot find it on the website. I also sold some stock for the first time and I need to figure out how to report it.
UpstateNYUPSer(Ret)
Well-Known Member
Schedule D is extensive but fairly self-explanatory.
brownmonster
Man of Great Wisdom
Just got mine from Compushare for my UPS stock sale. Very detailed. Can't wait to pay the capital gains.
