I quit my company in 2019 and had to purchase my options. I have not sold them yet so no gains (or losses) in 2019. I entered the details in TT but no impact on my returns which I assume is accurate because I did not sell anything and the potential is only on paper. Correct?
03522
3 Replies
RobertG
Expert Alumni
Mar 21, 2020 11:23:19 AM
Yes, that is correct.
Depending on the type of option, it will either be reported in your W-2 or not reportable at all.
You will receive a 1099-B when you sell the stocks.