I was granted SARs and acquired the vested shares almost 10 years ago which resulted in seeing additional compensation at the time I exercised the vested shares. I sold those shares in 2022. Do I report these sales as reported on my 1099B as Employee Stock or should I indicate that they are not employee stock? If I report them as employee stock and use NQSO as the Turbo Tax option to report and use the adjusted cost basis, I all comes out as compensation with no gain. If I report as not being NQSO, RSU, etc... then I experience capital gain.
What is the correct way to report the sale of these shares?
If you know all of the amounts that need to be entered, ie: cost basis, sales proceeds, commissions, date sold, etc., then you can enter the transaction as a regular stock trade under Investment Income (1099-B). Entering this information as a regular stock trade avoids the issues around RSUs or NQSOs. If you sold for more than the vesting amount, you'll have a capital gain.
If you know all of the amounts that need to be entered, ie: cost basis, sales proceeds, commissions, date sold, etc., then you can enter the transaction as a regular stock trade under Investment Income (1099-B). Entering this information as a regular stock trade avoids the issues around RSUs or NQSOs. If you sold for more than the vesting amount, you'll have a capital gain.