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Level 1
March 27, 2024
Question

Is the cost bases of stock post NUA the share price of the initial distribution?

  • March 27, 2024
  • 1 reply
  • 5 views
NUA taken in 2019, selling stock, bases?
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1 reply

Intuit Community Champion
March 29, 2024

I haven't dealt with NUA, so I don't know, but given that you haven't gotten any other answers here, wanted to suggest maybe checking with a FB tax group rather than a software-specific place like here.  I'm a member of Tax Professionals of America and Compass Tax Educators, and they both have a lot of members with a wealth of knowledge that could probably speak to this if you still haven't found an answer.

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