Skip to main content
Level 5
February 22, 2023
Question

Why does an ESPP want me to fill out a 1099B?

  • February 22, 2023
  • 2 replies
  • 18 views
No text available
This topic has been closed for replies.

2 replies

Skylane
Intuit Community Champion
February 22, 2023

I’ve got a fairly decent imagination…. No idea… you’re the tax preparer and your client sold stock?

If at first you don’t succeed…..find a workaround
Just-Lisa-Now-
Intuit Community Champion
February 22, 2023

If they sold the stock from their employee stock purchase plan, you should have a 1099B as well.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
Skylane
Intuit Community Champion
February 22, 2023

Is this publicly traded stock? If not, and if you have accurate basis information, I’d report the sale non covered no 1099b . No way would it prepare a 1099B.

If at first you don’t succeed…..find a workaround