Does your W-2 account for employee stocks sold or do I need to do a seperate 1099B form?

amelialmarsh — Mon, 03 Jun 2019 20:15:21 GMT

iWth employee stock options there are two taxable transac...

JulieH1 — Mon, 03 Jun 2019 20:15:23 GMT

iWth employee stock options there are two taxable transactions. First, when the shares vest--that's ordinary income reported on your W-2. Second, when you sell the shares, which often occurs on the same day. The sale is reported on Form 1099-B. The key to avoiding double taxation is to add the ordinary income shown on your W-2 for the shares vesting to your basis for the subsequent sale. In most cases this results in little or no gain or even a small loss due to sales commission.

Please follow this link for more information. https://turbotax.intuit.com/tax-tools/tax-tips/Investments-and-Taxes/Incentive-Stock-Options/INF1204...

topic Does your W-2 account for employee stocks sold or do I need to do a seperate 1099B form? in Investors & landlords

Does your W-2 account for employee stocks sold or do I need to do a seperate 1099B form?

iWth employee stock options there are two taxable transac...