I left SAP couple of months back and I was asked to move all my stocks out of Equateplus and therefore I moved them to Etrade account of mine. Now I see ALL the amount in PROFIT but in actual it is not the profit. Now if I sell it then do I need to pay tax on this profit and do I need to pay tac for short term or long term ? I have accumulated these stocks over the peeiod of 2 years so everything shouldn’t have been taxed on short term and as i mentioned already the total proce is shown as total profit which is also not the case. What should I do ? YOE: 4 yrs TC: $200k
I am leaving SAP in a few weeks. Can you please let me know how you transferred the shares? I have a trading account in Zerodha will that be enough or do I need to open a special account to get these shares transferred.
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Perhaps purchase price info wasn't transferred, and E-Trade sets it to $0? There should be a way to give that info to E-Trade.
Yes price paid is 0.00
Right, so E-Trade is missing that info, give it to them