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Level 4
June 24, 2023
Question

scheduld d

  • June 24, 2023
  • 2 replies
  • 20 views

how to report stock INVESTMENT on 1040. they are not on form 1099 b and they are not sold, neither have holding period or a sold date but they has cost baises and unrealized gains. so where do i report that? and do i need to report it if there was no sale

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2 replies

abctax55
Level 15
June 24, 2023

Assuming you mean on a Form 1040, nothing is reported until there's a sale. "Unrealized" just shows the change in value.

 

HumanKind... Be Both
Just-Lisa-Now-
Intuit Community Champion
June 24, 2023

You wont report it until its sold.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
PATAX
Level 12
June 24, 2023

@Just-Lisa-Now- @abctax55 both of you were very kind in your response.😁

abctax55
Level 15
June 24, 2023

@PATAX 

You seem.to be implying that sometimes we *aren't* nice ?  😉

HumanKind... Be Both