Help-Net Unrealized Appreciation NUA

[vegasbillea]

It has been awhile when I had a client with NUA (box 6) on a 1099 R, but I got one today.
Document: Box 1 Gross Distribution x $s
Box 2a x$ but Less than Box 1 (difference box 6 NUA),
distribution code 2 - Total Distribution marked in box 2b.
Question: just to confirm my thoughts, the amount in box 6 the nua is the client's basis in the company stock
is this a correct assumption?.
The client has not provided me with a 1099 B, but I will ask as he stated he did a completed liquidation of his 401k.
I just want confirmation about the $s in box 6 as the basis to use to calculate the stock sales.
I tried the search feature on this subject bot there was no information.

[TAXNJ]

It has been awhile when I had a client with NUA (box 6) on a 1099 R, but I got one today.
Document: Box 1 Gross Distribution x $s
Box 2a x$ but Less than Box 1 (difference box 6 NUA),
distribution code 2 - Total Distribution marked in box 2b.
Question: just to confirm my thoughts, the amount in box 6 the nua is the client's basis in the company stock
is this a correct assumption?.
The client has not provided me with a 1099 B, but I will ask as he stated he did a completed liquidation of his 401k.
I just want confirmation about the $s in box 6 as the basis to use to calculate the stock sales.
I tried the search feature on this subject bot there was no information.

http://forum.thetaxbook.com/showthread.php?28427-1099-R-help-please!&highlight=unrealized+appreciation

[Gene V]

It has been awhile when I had a client with NUA (box 6) on a 1099 R, but I got one today.
Document: Box 1 Gross Distribution x $s
Box 2a x$ but Less than Box 1 (difference box 6 NUA),
distribution code 2 - Total Distribution marked in box 2b.
Question: just to confirm my thoughts, the amount in box 6 the nua is the client's basis in the company stock
is this a correct assumption?.
The client has not provided me with a 1099 B, but I will ask as he stated he did a completed liquidation of his 401k.
I just want confirmation about the $s in box 6 as the basis to use to calculate the stock sales.
I tried the search feature on this subject bot there was no information.

See if this helps--from 1099-R instruction

Box 6. Net Unrealized Appreciation (NUA) in
Employer's Securities

Use this box if a distribution from a qualified plan (except
a qualified distribution from a designated Roth account)
includes securities of the employer corporation (or a
subsidiary or parent corporation) and you can compute
the NUA in the employer's securities. Enter all the NUA in
employer securities if this is a lump-sum distribution. If this
is not a lump-sum distribution, enter only the NUA in
employer securities attributable to employee
contributions. See Regulations section 1.402(a)-1(b) for
the determination of the NUA. Also see Notice 89-25, Q/
A-1, 1989-1 C.B. 662. Include the NUA in box 1 but not in
box 2a except in the case of a direct rollover to a Roth IRA
(see Notice 2009-75, Q/A 1). You do not have to complete
this box for a direct rollover.

[vegasbillea]

Thank You for The reply-NUA-UPDATW

I want to thank all of responded to my post, I know this time it is very busy for everyone.
This morning I received the client's brokerage statement and the client did sell the stock during the
year and the same time liquidating his 401k .
Gene, thank you for the reference.