New Member

How do I file a nonstatutory stock option as income? The income and federal tax are included on my W-2 but when I file through turbotax, it increases my income and tax.

Level 15

Get your taxes done using TurboTax

When you enter the 1099-B from the broker the sale should show a loss in the amount of the broker's fee since the rest of the profit was reported on your W-2.