kjaassoc
New Member

Do I need to report the exercise of a vested non qualified stock option as a consultant where the exercise price is the same as the FMV (as stated by the company)?

It seems that if there was any differential between the exercise price and the FMV the company should have reported income in box 3 of my 1099. However, since the company stated at the time of exercise the FMV was the same as the exercise price, there was no additional income reported to me.