Yes, the compensation is added to your reported W-2 income. No, you won't get taxed twice if you follow these instructions:
- You will need to change the stock basis on the date of the sale, to the price on the date of sale.
- The result is zero gain or a minor loss due to brokers commission/fees.
- The IRS will expect to see that information on your tax return.
To enter your 1099-B form, see Where do I enter a 1099-B?
For additional information, see the TurboTax article: Non-Qualified Stock Options.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
