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Where do I input ordinary income on a schedule D from an employee/employer stock sale? I do not see an ordinary income field on Schedule D.

worthlambert
Level 1
 
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TaxMonkey
Level 8

Just to rephrase.  There is no place on the Schedule D to enter ordinary income.  If an employee receives stock as compensation it is reported as wages.

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5 Comments 5
TaxMonkey
Level 8

Just to rephrase.  There is no place on the Schedule D to enter ordinary income.  If an employee receives stock as compensation it is reported as wages.

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IRonMaN
Level 15

It's most likely already on the W-2.


Slava Ukraini!
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worthlambert
Level 1
Checked W2 and I am not seeing it.  Recognize the ordinary income at the time of the stock sale.   Put on other income field?
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IRonMaN
Level 15
It's normally included in box 1 of the W-2  Do you have paystubs and the detail of the stock sale to verify that it isn't included?

Slava Ukraini!
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worthlambert
Level 1
I have the 1099 DIV tax information listing of the stock sale.   If it is on the paycheck stub included in Box 1 of the W2 it would not stand out.   I was looking at the box 12.
I will check on the paystub.   Thanks for your help.
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