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Get your taxes done using TurboTax
The 1099-nec starts with the 2020 tax year ... it will not be used for the 2019 tax filings being done next month.
Now the stock options are given either in lieu of some compensation for the work being done or as a bonus. Either way if you choose to be treated as a contractor then all the compensation you are paid (including the stock options) are reported as income by your business. When you sell the stock you will have a basis in to equal to the compensation that was taxed on your return. A 409a should be issued to you ... see this article: https://www.shrm.org/resourcesandtools/hr-topics/compensation/pages/paying-contractors-stock.aspx
‎December 17, 2019
5:49 PM