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Need to interpret a w2, Line 12b V. A W2 shows $190,000 on
A W2 shows $190,000 on Block coded 12b V. Gross wages on line 1 is $900,000. Do I ignore the 190K when I do my 1040 taxes and report Line 1 only? … read more
James Daloisio
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I exercised stock option in Dec 2017. Taxes were withheld at
Hello Pearl. My name is*****: Have you talked to a tax professional about this? Customer: No … read more
Dr. Fiona Chen
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Tax Question: Does box 12 V on the W-2 always need to equal
Tax Question: Does box 12 V on the W-2 always need to equal the gain on schedule D? There are incentive stock options and the detail looks like all gain was report on the W-2 ($300+ K), but when I loo… read more
Lev
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I have a client that exercised a non-statutory stock option
I have a client that exercised a non-statutory stock option with readily determinable value. Employer included on form W2 box 12 code V, I'm assuming that the income is included in box 1,3 and 5 of fo… read more
Robin D.
Robin D.
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I am a cpa, but have little experience with employee stock
i am a cpa, but have little experience with employee stock option plans. I am doing a return that shows the basis, then, supplement data show the increase in basi s for income, its an employee stock p… read more
emc011075
emc011075
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Bachelor's Degree
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Robin. I received some "restricted stock unit" distributions
Hi Robin. I received some "restricted stock unit" distributions from my employer last year for which I received a 1099B. The 1099B only shows the quantity of shares, date sold, gross proceeds and cost… read more
emc011075
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Box 12 Code V on w2 shows amount of stock options exercised.
Box 12 Code V on w2 shows amount of stock options exercised. Does this stock sales ALSO need to be reported as stock ales or is the income and withholding accounted for on the w2?… read more
Stephen G.
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Exercised an ISO stock option in 2016 and sold stock on the
Exercised an ISO stock option in 2016 and sold stock on the same day. Employer included this amount in my W-2 income.-I don't need to report this on form 6251 under incentive stock options, right? -I … read more
Lev
Lev
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Bachelor's Degree Equivalent
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I got a stock award from my employer. When they gave it to
I got a stock award from my employer. When they gave it to me, I had to use a percentage of my stock to pay for taxes. I sold some of the stock in 2014. I didn't get any paperwork from the broker so I… read more
emc011075
emc011075
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I am just trying to figure out is the box 12-v should be used
I am just trying to figure out is the box 12-v should be used as the cost basis for the 1099B … read more
Lev
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We have employees that had stock. Do I have to report
hello we have employees that had stock. Do I have to report that information in Box 12 code V? … read more
Robin D.
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Tax question on Incentive Stock Options. A client gave me a
Tax question on Incentive Stock Options. A client gave me a W-2 with an amounts in Box 12 code V and box 14 code ISO. He also gave me a Form 3921 with info on grant and exercise info and lastly he gav… read more
emc011075
emc011075
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I have a retired client with a $84,875 box 1 entry on his
I have a retired client with a $84,875 box 1 entry on his w-2 from the exercise of stock options. His w-2 also has $82,908 in box 12 marked as a V. He has also received a 1099-B reporting $211,205 pro… read more
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On my W2, box 12 (v) includes $60241 exercise of NSO
On my W2, box 12 (v) includes $60241 for the exercise of NSO from my company. As I understand, this amount is also included in Box 1 on my W2 and Box 2 (I paid $19487 in tax at the time of option exer… read more
Robin D.
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How can I report Non covered securities on 8949? I do not have
How can I report Non covered securities on 8949? I do not have the base price all I have is Sales Price less commissions and option premiums Also what are the codes on W2 under column 12 which shows a… read more
taxmanrog
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Master's Degree
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How do I report income from a stock cash out and vested ...
How do I report income from a stock cash out and vested stock? My employer was bought by another company and laid people off so I received an amount for stock cash out from my employer and another for… read more
Lev
Lev
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Bachelor's Degree Equivalent
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My wife sold stock options from 2004 when her job was ...
My wife sold stock options from 2004 when her job was outsourced. The proceeds showed up on line 1 of her W2 and were listed in block 12 as a "V" - Income from excercise of nonstatuatory stock options… read more
Bill
Bill
Master's Degree
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Is the sale of company stock federal taxes reported on my w2
I sold some company stock and I had reported capital gains. With the transaction sheet provided by stock broker, I had Federal, State , Fica and Medicare taxes taken. Will these taxes be reported on m… read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
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