Skip to main content
June 1, 2019
Solved

I received a 1099-B form with $0.00 shown in Box 1d and Box 5 checked for sale of 1/4 share of stock in and ESIP just after I retired. What do I do with this?

  • June 1, 2019
  • 1 reply
  • 0 views
No text available
Best answer by MiriamF

You do not need to report this form.

Because the proceeds of sale are $0, there is no income to report. The check in Box 5 means that the 1/4 share was purchased before 2011, when the regulations for reporting stock transactions changed.

Since the sale price was $0, you have no need to report this "income."

1 reply

MiriamFAnswer
Employee
June 1, 2019

You do not need to report this form.

Because the proceeds of sale are $0, there is no income to report. The check in Box 5 means that the 1/4 share was purchased before 2011, when the regulations for reporting stock transactions changed.

Since the sale price was $0, you have no need to report this "income."

cradersAuthor
June 1, 2019
Thanks for your help, a load off my mind.