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Liam purchased 1,000 shares of UVX stock for $18,370 on April 10, 2018. He sold 600 of these shares on November 14, 2022, for $13,780.
Liam purchased 1,000 shares of UVX stock for $18,370 on April 10, 2018. He sold 600 of these shares on November 14, 2022, for $13,780. He continues to hold the remaining 400 shares. Information about the sale was reported to him on Form 1099-B. When Liam files his 2022 tax return, how should this transaction be reported?
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