If I sold stock which was part of a Stock Award from my employer, is that considered 'purchased' investment or was it a 'gifted investment'?

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If I sold stock which was part of a Stock Award from my employer, is that considered 'purchased' investment or was it a 'gifted investment'?

kj272019,

No it's not a gift. "Stock Award" is a generic term. Could you be more specific? Some possibilities are

Incentive Stock Option (ISO)

Nonqualified Stock Option (NSO)

Restricted Stock Units (RSU)

...

Once that detail is nailed down, I can better advise you on when and how the stock is taxed.

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If I sold stock which was part of a Stock Award from my employer, is that considered 'purchased' investment or was it a 'gifted investment'?

kj272019,

No it's not a gift. "Stock Award" is a generic term. Could you be more specific? Some possibilities are

Incentive Stock Option (ISO)

Nonqualified Stock Option (NSO)

Restricted Stock Units (RSU)

...

Once that detail is nailed down, I can better advise you on when and how the stock is taxed.

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