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Level 2
March 3, 2020
Solved

stock options listed on w-2

  • March 3, 2020
  • 1 reply
  • 18 views

taxpayer has w-2 listing V in box 12 for stock options, and in box 14 an amount for restricted stock

how is this handled?

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Best answer by Jim-from-Ohio

Gain should already be included in W-2.. need to file Sch. D/8949. need 1099-B but be careful as the basis shown may be showing as zero.. have to dig deeper in form usually to get adjusted basis. should result in about a break even on the Schedule D. 

1 reply

Jim-from-Ohio
Intuit Community Champion
March 3, 2020

Gain should already be included in W-2.. need to file Sch. D/8949. need 1099-B but be careful as the basis shown may be showing as zero.. have to dig deeper in form usually to get adjusted basis. should result in about a break even on the Schedule D.