MiriamF
Intuit Alumni

Investors & landlords

When code V is reported in box 12 on your tax return, it means that the income from your stock sale was included in your wages. It is already being included in your income, so you do not need to report anything further. The profits are taxed as ordinary income.

The options you describe are non-qualified stock options. This article explains more about how non-qualified stock options are taxed.


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