PPECPA
Level 5
03-13-2024
01:23 PM
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Ugh!
Hope I m not over thinking this. I'm seeing this more and more with my clients. Ok so I was provided the following:
- Employee Stock Plan Release Confirmation
- Stock Plan Transaction Supplement
- Stock Plan Gains and Losses
What threw me off at first was the Release Confirmation reported Fed/State, Soc. Sec., State Disability withholdings. I'm guess that this was included on the taxpayer's W-2?
The Stock Plan Transaction Supplement reports total proceeds, basis, gains and capital gain status. My question is, do I use this report to prepare a Schedule D or Form 8949?