1

For a sale of shares of a listed corporation, the stockbroker reports the transaction to the IRS and the seller by 1099B reporting. When a shareholder sells his shares in a private corporation (through sharespost or equityzen, neither of which provides 1099B) to another shareholder or an outside person, what the corporation should report to the IRS, the buyer, and the seller?

Chris W. Rea
  • 31,999
  • 17
  • 103
  • 191
Dude from SF
  • 155
  • 2
  • 5

1 Answers1

2

If you are the seller and there isn't a 1099-B, you report the details on Form 8949 and choose checkmark C (short term) or F (long term)

user662852
  • 8,429
  • 1
  • 17
  • 38