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I am the trustee of a credit shelter trust created for my
I am the trustee of a credit shelter trust created for my Mother when my Dad passed. I know I have to report any interest or dividends that the trust receives on the federal tax return. However, we ar… read more
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I had $100k in private equity common stocks for the company
I had $100k in private equity common stocks for the company I worked for. They sold the company and my net proceeds were half of my original purchase amount. How would I record this loss on my taxes? … read more
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I have a question about ESPP purchase and sales. I purchased
I purchased ESSP stock from my company at a 15% discount....the 15% gain from the purchase was reported on my W2 and I paid taxes on it......I then sold some ESPP stocks purchased back in 2015 and received a 1099-B for the sale.....I was told I need to reconcile the difference on my taxes in order to not be double taxed … read more
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I bought out my stock options in 2015 and paid tax on fair
I bought out my stock options in 2015 and paid tax on fair value last year on reported ordinary income. In 2016 Co bought options back at a lower fair market value. Where do I record the difference in… read more
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Ok, my wife has been part of a stock purchase plan since
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LEV
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I worked private company that was sold to a public one
I worked for a private company that was sold to a public one in 2014. I held some stock for more than a year, which was all sold, but I only received 92.5% of the proceeds because 7.5% of the proceeds… read more
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I bought shares of one company (KV Pharmaceutical) in May of
I bought shares of one company (KV Pharmaceutical) in May of 2011. By September of 2013 the company went bankrupt and it's stock was officially removed from the list of companies on the Share Builder.… read more
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, I have t related questions: 1)I purchased shares
Hello, I have t related questions: 1)I purchased shares through my company's ESPP in 2011. I never sold the shares because the stock price plummeted a month later about 75%. In Nov 2014 the company fi… read more
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I have a tax related question for you. A former company I
I have a tax related question for you. A former company I worked at sold to a private equity firm. I purchased vested options a few months after I left. Will the payout be taxed at the same rate as my… read more
WebCPA
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Good Afternoon, my question is in regards XXXXX XXXXX options.
Good Afternoon, my question is in regards XXXXX XXXXX options. I have bought and sold my company stock options this year. I am an employee. The company did run the gain through my W2 and all taxes wer… read more
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I worked for a startup company that gave me stock as part ...
I worked for a startup company that gave me stock as part of joining the company. By the time I left the company all the shares had vested. There was no forfeiture when I left the company. 2 years lat… read more
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Background info In 2004, I worked for a small private ...
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I have 170 shares of stock held with a broker. My basis is ...
I have 170 shares of stock held with a broker. My basis is $4/share ($680 total). The shares are currently valued at $0.002/share, for a total value of $0.34. I want to realize the loss for tax purpos… read more
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I recently sold company stock acquired through an employee ...
I recently sold company stock acquired through an employee stock ownership program. The company was based in Australia and the stock was sold on the Australian Exchange. I have not received any docume… read more
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I settled a lawsuit with a company and their insurance company sent a large sum of money to both myself and my attorneys(for their share), but we were not sent 1099 (I think that's what they are calle… read more
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I bought stock in a privately held company. I sold the ...
I bought stock in a privately held company. I sold the stock for a loss. I held the stock for over 5 years. Can I write this off as a loss? If so what type of paper work would I need? Thanks!!… read more
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