Stock award in W2

[rose323]

Hi everyone, I have a customer who withdrew shares from their stock shares at Spacex. It is included in his W2 form. Is there any other form I should be expecting? Or is this sufficient to file? He has STKAWARD on the state box 14 for California. 

[sjrcpa · Accepted solution]

Does withdrew mean sold?

The W-2 amount is the ordinary income from this transaction.

There will probably be a 1099-B for the sale.

[rose323]

Yes sold, OK Thank you!

[abctax55]

And there should be (hopefully) a worksheet that ties the amount on the W-2 to the basis amounts shown on the F 1099-B