Question

Filing exercise and sale of ISO from private company and did not get 1099

Forum|Forum|6 years ago
March 11, 2020
1 reply
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Hi In 2019 i exercised and Sold the ISO of my previous company. They sent me form 3921 but the company i sold through (sharespost). they did not send me 1099. How do i enter this in turbo tax.
When i go to "Stocks, Mutual Funds, Bonds, Other" and start a new sale, it asks me if i have 1099 (which i do not). I say no. In the next page there is no option for ISO sale. where do i enter it? Thanks.

TurboTax Premier Online

D

DavidD66

You should have received a Form 1099-B from Sharepost. Did you contact them to request one? If you want to report the sale with a Form 1099-B, you don't have to use the Employee Stock/ISO help in the program. Without knowing the specifics of your transaction I can't tell you exactly how to report the sale, but this Help article from TurboTax can guide you:

Incentive Stock Options

If you want to use the program's step by step for Employee Stock/ISOs just tell the program you did receive a Form 1099-B, and enter according to what is on the 3921. That said, I recommend obtaining the 1099- B before filing.

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