Solved: I got a 1099 form from exercising non statutory stock options (paid $1000 for stocks valued at $5100). Box 7 list non employee income of $4100. Where do I report this?
I got a 1099 form from exercising non statutory stock options (paid $1000 for stocks valued at $5100). Box 7 list non employee income of $4100. Where do I report this?
I got a 1099 form from exercising non statutory stock options (paid $1000 for stocks valued at $5100). Box 7 list non employee income of $4100. Where do I report this?
I assume you acquired the NQSO's as an independent contractor given that this was reported on a 1099-MISC (I assume) with Box 7 filled in.
If that's the case then you report the income on line 1 of your Schedule C as "revenue".
I got a 1099 form from exercising non statutory stock options (paid $1000 for stocks valued at $5100). Box 7 list non employee income of $4100. Where do I report this?
I assume you acquired the NQSO's as an independent contractor given that this was reported on a 1099-MISC (I assume) with Box 7 filled in.
If that's the case then you report the income on line 1 of your Schedule C as "revenue".
We provide you with a way to opt-out of advertising activities on our websites
We leverage outside service providers who assist us with our marketing and advertising activities. Note: by opting-out of this tracking, you may still see Intuit advertisements, but they may not be tailored to your interests.
Privacy Settings
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Sign In
