Please clarify your question. What are you trying to do? Enter the 1099-B manually are there dates missing are you missing your basis Download the file are you missing an account number other details for the download is there another issue?

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I need help with the 1099-B form and the information requested by Turbo Tax.

Forum|Forum|4 years ago
February 16, 2022
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Best answer by Dizzy2

Hi,

Thanks for your reply.

Many years ago I inherited some stock and just re-invested the dividends. I do have the cost basis for that time. In July 2021, the company did a reverse stock split of common stock and I ended up with a fraction of a stock, which was not acceptable. I received a check for $34.05 which is listed as cash liquidation on the 1099-B form.

So, I can answer the turbotax questions of name of company date sold, gross proceeds. How should I answer date acquired-- inherited? or the actual date? I assume that it's long term since I've had the stock since1993, but is it covered since I can provide the cost basis? I left the less common adjustment questions blank.

I appreciate any help you can provide. Thank you.

JohnB5677

Please clarify your question.

What are you trying to do?

Enter the 1099-B manually
- are there dates missing
- are you missing your basis
Download the file
- are you missing an account number
- other details for the download
is there another issue?

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"

D

Dizzy2AuthorAnswer

Hi,

Thanks for your reply.

Many years ago I inherited some stock and just re-invested the dividends. I do have the cost basis for that time. In July 2021, the company did a reverse stock split of common stock and I ended up with a fraction of a stock, which was not acceptable. I received a check for $34.05 which is listed as cash liquidation on the 1099-B form.

So, I can answer the turbotax questions of name of company date sold, gross proceeds. How should I answer date acquired-- inherited? or the actual date? I assume that it's long term since I've had the stock since1993, but is it covered since I can provide the cost basis? I left the less common adjustment questions blank.

I appreciate any help you can provide. Thank you.