How to report stock split (2:1) in 2017 (shares doubled), for Incentive Stock options that were purchased in 2016. There was no Form 3921 for stock split
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1 Best answer
TomYoung
Level 13
Jun 6, 2019 12:38:20 PM
You simply halve all the "per share" figures on the Form 3921 and double the share figure. It's "as if" the stock had split 2 for 1 prior to the grant. There's no "reporting" until there's a sale.
Tom Young
3 Replies
TomYoung
Level 13
Jun 6, 2019 12:38:20 PM
You simply halve all the "per share" figures on the Form 3921 and double the share figure. It's "as if" the stock had split 2 for 1 prior to the grant. There's no "reporting" until there's a sale.
Tom Young
MB5
Level 2
Jun 6, 2019 12:38:21 PM
when these shares are sold what should be the date accounted as purchase date for all post split shares - Will it be the original purchase date or separately based on when I received each one - original shares and free shares (split ones)
TomYoung
Level 13
Jun 6, 2019 12:38:23 PM
All shares post split are deemed acquired on the original date. You were not issued "new" shares, the "old" shares just split.