Are employee stock options normally reported in the regular W2 you receive?

[rediranch]

I just filed my taxes using Turbo Tax, but I just found a paper (that I misplaced) that says "Statement of Taxable Income...unvested exercises with 83(B).

I have never owned stock before, and my company gave me 33 shares this year as part of a 4 year bonus.  I paid money out of pocket (sorry, I'm not stock term savvy) for the taxes (?) on the stock for this years shares, but I did not sell any to pay for those taxes, nor did I receive any $$ for those shares (like selling them).

So, I own the stock, I even got $33 in dividends (WOOHOO! (not)), and I reported the $33 in dividends on my taxes.

HOWEVER, I did not enter in the amount on this "Statement of Taxable Income" form that shows the total value of the stock, and lists it under a column "W-2 income".

So, finally, my question - did I screw up in not entering this as a 2nd W2 form even though it doesn't look like the W-2 I got from my employer?

Do I need to file an amended return?

[TomYoung · Accepted solution]

The first thing you need to do is to determine if that "compensation" income that was created by your 83(b) election was already reported on your W-2, and it probably was, along with the "withheld" taxes that you paid out of pocket.  If that compensation is there then you are fine.  You did file a copy of your 83(b) election with your income tax return, didn't you?  If not, you can "amend" for that reason and send in the 83(b) election.

Tom Young