- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Yes, you can report the sale as a regular stock sale; however, be aware of the Long-Term/Short-Term designation when entering your 1099-B. Long-Term you held the stock over a year before selling (from vesting date). Short-Term if less than a year.
Your employer should automatically add the discount to your W-2 income in Box 1 when you take ownership of the shares (vest). You just need to keep that info for whenever you sell the shares later to calculate your Cost Basis when reporting the sale.
You should see this on your W-2, possibly with a notation in Box 14 of the amount. Then divide that amount by number of shares that vested at that time, to add to the Exercise Price.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
March 5, 2025
2:07 PM