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After you file
When you exercise stock options and/or your RSUs vest, your employer will determine an income element and include in your W-2. For stock options, it is the difference between the exercise price and the FMV of the stock on the day of exercise. For RSUs, it is the FMV of the stocks on the day they vest.
When you sell the stocks, you should receive a form 1099-R and you have capital gain or loss which the difference between the FMV of the shares when you exercise the options or when the RSUs vest. To amend you'll add the form(s) 1099-B in TurboTax and TurboTax will calculate the capital gain/loss and populate Schedule D.
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‎April 5, 2022
6:45 AM