My confusion with the ISO stock option purchase is the paystub indicates the purchase impacted my earnings. However, I don't see any reference to the purchase on my W-2 other than the higher Wages, TIPS and OTHER COMPENSATION. In addition, my Federal Taxes went up substantially when I entered the 1099B form from my Brokerage Account.
I saw in some other questions in the community reference box 12 on the W-2 containing an value with code V. They seem to suggest adjusting the amount of the stock option purchase based on this value. However, that value is not on my W-2 form.
How to do I account for this Stock Option purpose without accounting for the value as both standard income and an additional stock option purchase.
