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Old 02-16-2004, 07:29 PM
Frank S. Duke, Jr.
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Default Re: taxes

- quote -

> took early retirement last year. company sent stock
> certificate to me. had been buying for about 8 years.
> deposited stock cert. with financial services and they sold
> stock. on tax form is this espp? 1099misc or 1099b?? thanks


1099B. As up what you paid for the shares, the initial
price plus all the reinvested dividends to get your cost
basis. If you were doing dividend reinvestment, the last 4
purchases are likely short term and the rest are long term
capital gains. You will probably need two transactions.

All freely provided advice guarantee correct or double your
money back

Frank S. Duke, Jr. CPA
Cincinnati, OH USA

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Old 02-15-2004, 04:41 AM
lpg
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Default taxes

took early retirement last year. company sent stock
certificate to me. had been buying for about 8 years.
deposited stock cert. with financial services and they sold
stock. on tax form is this espp? 1099misc or 1099b?? thanks

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->
 

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