are you sure nothing in box 12 code v of past 2 years w-2's? It really should be and that amount would be part of your taxable income in box 1 then.
Your compensation element is the difference between the exercise price and the market price on the day you exercised the option and purchased the stock, times the number of shares you purchased.
It should be included in your current year w-2 in box 12 code V.
You can report it as other compensation income not previously reported and it should end up on line 7 of your 1040. ONLY if you are certain it was not in your w-2. Go to Federal Taxes -> Wages & Income -> I'll choose what I work on -> scroll to the bottom and under Less Common Income select Start for Miscellaneous Income. You'll find all sorts of other income categories in there, find something related to employment/wages (sorry not certain). right description as Compensation element of non-statuary options exercise.
Next, you have to report the actual sale of the stock you acquired and sold (not the options)your 2019 Schedule D, Capital Gains and Losses, Part I. You don't enter the sale as options just enter under
Because you inherently sold the stock right after you bought it, the sale counts as short-term (that is, you owned the stock for a year or less—less than a day in this case). In your example, the date acquired and the date sold should be the same.
you may have a small gain or loss related to commissions on the sale... that's it. Report it in the interview for stocks,mutual funds,bonds,other
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