- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
If I gave restricted stock to independent contractors, when I give them a 1099 Misc? Do I report it in box 3?
June 5, 2019
5:43 PM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Non-employee compensation is reported in box 7 for Form 1099-MISC.
There are specific rules and elections for valuing, deducting and timing of restrictive stock, click here for IRS publication 525, Taxable and Nontaxable Income.
June 5, 2019
5:43 PM