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Get your taxes done using TurboTax
Yes, if the options were essentially compensation for work you performed, how you entered them will get the income on your return, which is the important thing!
If they were part of your compensation (package) then the net amount you reported would also be self-employment taxable.
As long as the income was reported, and any resulting taxes paid and you have adequate support for what you reported, in case it is needed, then this situation shouldn't cause a problem with IRS and/or your State, even if it should be questioned in the future.
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‎February 29, 2020
5:57 PM
5,784 Views