Hi - It appears as the other poster and I work at the same Swiss based employer.
My question is a bit simpler as I have sold SSARs previously, but can't recall how to enter in TurboTax.
The gain (Sales Proceeds taxed as ordinary income) is on my W2 (Box 14 SSAR), as well as the associated taxes.
This transaction exercised SSARs and held shares for taxes/fees. All in CHF, but I have exchange rate (CHF-USD). The Exercise FMV is slightly different than Sale Price by less than 1 CHF.
I received minimal 1099B from the Swiss employer. I have the transactions statement showing conversion from CHF to USD, and the info of SSARs used to pay for basis and taxes. And my year end statement.
Basic question - do I enter this info as a RSU, a NQSO, or normal stock transaction and select "None of These"?
As this SSAR income (sales proceed) and taxes already show on my W2, Can I still enter this as a stock sale with a minimal capitol loss (short term) for commission/fees - since the income/taxes is already captured on W2?
I am unclear of what the cost basis (Box 1b) is on the initial page - I don't want to get double taxed. Wouldn't the cost basis be the Sales Proceeds plus the commision? Depending on whether I choose NQSO or RSU, it asks me questions that appear to alter my taxes owed.
Help?
Thanks.
