I have confirmed that the Merger Buyout has already been included in the employee's W-2 and taxes withheld accordingly. If you choose to take the Merger Buyout of your stock options, it will show on your paystub as Mbo and included in your W-2. To my knowledge, EMC should have made that very clear to employees in their W-2 packet and it doesn't appear that they did. There is nothing on the W-2 itself showing the merger buyout portion of their total income as it is lumped into gross wages on the W-2. You have to look at the last pay stub to realize that the merger buy out cash was already included in gross wages.
