My company, a public filer, issues shares of the company as a part of the bonus incentive plan - are these shares taxable ?

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My company, a public filer, issues shares of the company as a part of the bonus incentive plan - are these shares taxable ?

Yes they are. You simply got paid in "stock" instead of "cash". Everything you need to report, unless you sold some of the stock, is there on your W-2. The compensation is the FMV of the stock when you received it. That's also your basis in the GROSS shares you received.

Tom Young

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My company, a public filer, issues shares of the company as a part of the bonus incentive plan - are these shares taxable ?

Yes they are. You simply got paid in "stock" instead of "cash". Everything you need to report, unless you sold some of the stock, is there on your W-2. The compensation is the FMV of the stock when you received it. That's also your basis in the GROSS shares you received.

Tom Young