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How do I say I received stock from my employer?

When asked how I received my investment, there is no response to say that I received it from my employer as part of my compensation package.
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1 Reply
HelenC12
Expert Alumni

How do I say I received stock from my employer?

If this is for restricted stock units, please see What are restricted stock units (RSUs) and how do I report them?

 

If this is for restricted stock, please see What is restricted stock and how is it taxed?

 

Since the gain on that stock sale was included as income on your W-2, to avoid double taxation:

  • You will need to change the stock basis on the date of the sale, to the price on the date of sale.  
  • The result is zero gain or a minor loss due to brokers commission/fees.  
  • The IRS will expect to see that information on your tax return.  

To enter your 1099-B form, see Where do I enter a 1099-B?

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