jmrioux
New Member

How do I account for broker's commissions on exercised NQ stock options?

I exercised nonqualified stock options, same day sale, and all the income and tax withheld was reported on my W2 as expected.  There was also approximately $1000 in broker commissions, but the net proceeds reported as income on my W2 was not reduced by the broker expenses as I would have expected.  How do I properly account for this since it's a same day sale?  I did not receive a 1099-B either.