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Trouble Reporting Stock Appreciation Rights
I was granted SARs and acquired the vested shares almost 10 years ago which resulted in seeing additional compensation at the time I exercised the vested shares. I sold those shares in 2022. Do I report these sales as reported on my 1099B as Employee Stock or should I indicate that they are not employee stock? If I report them as employee stock and use NQSO as the Turbo Tax option to report and use the adjusted cost basis, I all comes out as compensation with no gain. If I report as not being NQSO, RSU, etc... then I experience capital gain.
What is the correct way to report the sale of these shares?
March 18, 2023
9:49 AM