Glenndd
Level 2
02-16-2023
09:37 AM
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Client received Fidelity tax statement regarding sale of stock
Page 2 1099 B show proceeds with no basis and calls it a realized gain
Another page is labeled Supplemental Stock Plan Lot Detail
This page shows proceeds again along with a column that labels it as ordinary income that is reported on W-2. One of the 3 lots sold has an adjusted loss of $427. The other 2 lots show purchase and sale dates being the same
How do I handle this on the clients tax return
Best Answer Click here
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