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Financial Planning / Tax Strategies
|Subject: Re: Howto report payment from securities litigat||Date: 10/30/2013 3:16 PM|
|Author: TMFPMarti||Number: 119424 of 121598|
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.
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