topic Re: what does " options" mean here? in Get your taxes done using TurboTax

what does " options" mean here?

danilol — Wed, 11 Feb 2026 06:45:06 GMT

Hello,

I am working on the investment section of my tax return.

I have STOCK sold on my 1099-b.

Can anybody tell me what does "options" here mean?

People told me since the payer is Merrill who issued this 1099-b, it is a bank. I should choose stock( non-employee)

Is that correct?

Thanks

Re: what does " options" mean here?

Bsch4477 — Tue, 05 Mar 2024 20:29:33 GMT

Correct.

Re: what does " options" mean here?

DawnC — Fri, 26 Apr 2024 20:01:14 GMT

Yes, you should choose Stock (non-employee) if that is what was sold on your 1099-B; that is the most common. Options are a type of stock that is granted to you by your employer. Employee stock has special handling requirements, so we need you to specify whether your stock is employer-granted or not.

Incentive Stock Options

Re: what does " options" mean here?

danilol — Wed, 06 Mar 2024 16:12:18 GMT

I am not sure whether the stock is employer granted or not.

I called turbo tax and asked this question, they told me : look at the 1099-b, who issued it? I said , it is Merrill, it is a bank. Then they told me, I should choose " stock- non employee".

Is that correct?

Re: what does " options" mean here?

Bsch4477 — Wed, 06 Mar 2024 16:48:14 GMT

Correct.

Re: what does " options" mean here?

danilol — Thu, 07 Mar 2024 16:01:34 GMT

Thank you.