The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies


Subject:  Re: Howto report payment from securities litigat Date:  10/30/2013  3:16 PM
Author:  TMFPMarti Number:  119424 of 127519

A few days ago I received a check for a little over $20 as payment from a class action suit against Washington Mutual on behalf of investors.

Since I haven't held this stock in my portfolio for several years (so I can't subtract the payment from any cost basis), how do I report this payment on my 2013 tax filing?

Form 8949 as a long-term cap gain, no 1099-B received.

Rule Your Retirement Home Fool
Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us