Hi,
I'm unclear how to treat sale of SSAR on my investment income. My employer had awarded me SSAR back in 2015 that had vested in 2019. I exercised the SSARs and realized the appreciation through immediate conversion and sale.
Illustrating an example:
Had 100 SSAR priced at $190
Exercised them for $200 to have a gross income of $10/ SSAR and gross earnings of $1,000. Furthermore, I know that my Swiss company's brokerage deducted taxes of ~$350 during sales so remaining $650 got deposited to my account.
In above instance, 1099-B shows that I sold "5 shares" @ $200 each for "gross proceeds" of $1,000. Also, my W-2 shows that amount of $1,000 as "SSAR" in section 14 (The "5 shares" were computed as $1,000/$200 per stock).
Question: How do I report this sale in TurboTax such that I don't pay taxes again. It is not a RSU, its not ISO or NQSO or ESPP. Based on some other posts I saw, I thought I should select RSU but I got stuck since I could figure out how to adjust for taxes paid.
