Same day NSO exercise , no 1099B filed

Forum|Forum|4 years ago
April 2, 2022
2 replies
10 views

I exercised some company stock options last year, same day cashless sale. The result of the sale is all ordinary income (0 capital gain/loss) and is reported by my company on my W-2 box 12.

The broker did not file a 1099B for this transaction (I guess not required in this case). I'm confused if I need to report the sale on Form 8949 or not, it doesn't change the taxes amount either way. Am I required to file form 8949 for this or will it cause more issues since the transaction is not reported ?

Not A Product Question

GeorgeM777

Level 11

Yes, report the transaction. While you indicated that you exercised the option, it also appears that you sold the stock that you purchased. While you have neither a gain nor loss, and even though it was not reported on a 1099-B, you can report the transaction on Form 8949 and your purchase price and sale price will be the same resulting in no gain/loss.

@AdelM

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