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Create a 8949 form based on the given information: Security Coca Cola Co Lowes Companies Inc Frem Brewing Purchase Sale Date date 3/20/2020 3/20/2019 7/30/2020
Create a 8949 form based on the given information:
Security Coca Cola Co Lowes Companies Inc Frem Brewing Purchase Sale Date date 3/20/2020 3/20/2019 7/30/2020 10/14/2015 12/21/2020 12/24/2017 Sales Prices $20,195 $2,631 $6,413 Commissions Paid $853 $75 $541 Basis $17,986 $9,815 $3,441 Shares 150 125 274 The Form 1099-B Mando and Ahsoka received from their broker (Vanguard Advisers Inc) indicated total sales of $27,770 (sales were reported net of commissions) and reported investment basis to the IRS. The Tano's also had a short term capital loss carryover of $874 as well as a long-term capital loss carryover of $2,078. Mando's brother Bo-Katan dies on June 28, 2020. Mando receives Bo-Katan's Jedi Yoda figurine collectible (fair market value $16,950), 1,000 shares of Canna Corp stock purchased on 5/26/2020 (fair market value $2,200), and his brother's home (fair market value $368,110) in settlement of the estate. In September, Canna Corp declared a 10% stock dividend when the stock is selling for $20.62. Mando sells the dividend shares only on December 20 for $1,575. The sale was reported on a 1099-B from Ameriprise Financial Inc with basis being reported to the IRS. On December 1, Mando sells the Jedi Yoda figurine for $19,000. On December 2, Mando sells Bo-Katan's home for $386,811 before closing costs of $12,543 and attorney's fees of $3,097. Neither of these transactions were reported on from 1099-BStep by Step Solution
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