huz666
New Member

How to report Non-Qualified Stock Options shown on W2 in box 12, code V

I sold some stock options last year for net proceeds of 3,565.76 but tax was taken out at the time and I was given 2,223.21. The 3,565.76 amount is shown on my W2 in box 12 with a code of V. When I'm adding the corresponding stock sale (1099-B) should I report that tax was already paid? I'm confused because my 1099B shows only 3,565.76 and no indication of the tax paid. Maybe that tax paid is included in my W2 amounts of tax paid and if I included it again I would be double counting the tax paid?