The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Re: Howto report payment from securities litigat||Date: 10/30/2013 3:16 PM|
|Author: TMFPMarti||Number: 119424 of 125203|
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 1996-2017 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|