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March 31, 2024
Question

How did receive this investment on 1099B...learn more lists return of capital for partial shares, but drop down menu doesn't include that choice. Which do we choose?

  • March 31, 2024
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1 reply

March 31, 2024

You could choose 'it was a short sale' or not make a selection here at all.

 

It's all taxed the same; the main difference being whether it was long-term or short-term.

 

Here's more info on How Capital Gains are Taxed and How to Enter 1099-B