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J
jewishrnretired
April 7, 2022
Question

I got a 1099b because of a reverse stock split. How do I enter this. The amount was$65

  • April 7, 2022
  • 1 reply
  • 0 views
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1 reply

V
Vanessa A
April 7, 2022

A reverse stock split is generally not a taxable event unless you sold or received dividends or somehow received cash or its equivalent from the transaction. 

 

If you did receive $65 from the stock split then you would enter it as follows:

  • Federal
  • Income
  • Show More next to Investment Income
  • Start next to Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B) 
  • Select 1099-B
  • Continue through and enter your 1099B
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