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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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Employee has ESPP shares. Some are qualified dispositions
Employee has ESPP shares. Some are qualified dispositions and some are non-qualified dispositions. He also had non-statutory stock options he sold (same day sale). He received a W-2 with a code V in b… read more
emc011075
emc011075
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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
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I have to amend a 2014 return to reflect a stock purchase
I have to amend a 2014 return to reflect a stock purchase reported on 1099-B which I only recently received, but was reported to the IRS. I cannot tell if the original purchase price was recorded on w… read more
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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
Lev
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Receives a "Quarterly Stock Plan Summary" and Sale
For Lane:Receives a "Quarterly Stock Plan Summary" for Exercise and Sale of Stock Options. Form lists Sale price, "Option Cost", Gain and taxes withheld. Is this income reported on Sched D like any ot… read more
Bill
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Master's Degree
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On my W-2, it shows wages in box 1 of $40k that is also
On my W-2 for 2015, it shows wages in box 1 of $40k that is also denoted in box 12 with a 'V' for non statutory stock options income. I asked my company for a 1099-B and their reply was this. "Your pa… read more
Robin D.
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I exercised an options – ISO. I received a 1099- showing
I exercised an options – ISO. I received a 1099-B showing the proceeds and cost basis. The profit reflected in the 1099-B was part of the wages in box 1 of the W2. How exactly (step-by-step) do I show… read more
Bill
Bill
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how do I know what adjustment to make on a 1099b * to prevent
how do I know what adjustment to make on a 1099b * to prevent paying taxes twice on a short term employer stock option… read more
Barbara
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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
taxmanrog
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I received statement of taxable income – unvested exercises
I received statement of taxable income – unvested exercises with 83(b): ON VEST (restricted/non qualified transactions) and it shows 15,000 as w-2 income. In general, my W-2 showed a code "V" and amou… read more
Robin D.
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Situation I have as part of my compensation options which
Situation: I have as part of my compensation options which I purchased and sold. The income is included in my W-2. Since the income were stock transactions, can I offset losses on my stock trades whic… read more
Lev
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Bachelor's Degree Equivalent
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What do I do with the Pretax FEHM amount in box 14 of the W-2.
What do I do with the Pretax FEHM amount in box 14 of the W-2. It is coded as V. ? Thank you Karin… read more
Robin D.
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Vocational, Technical or Trade School
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My wife exercised stock options and her company reported the
My wife exercised stock options and her company reported the gain as well as taxes on her W-2 with her regular salary. We also received a consolidated 1099-B as well from the company that handles thei… read more
MequonCPA
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How do I properly handle income from an incentive stock ...
How do I properly handle income from an incentive stock option that was reported on a W-2?… read more
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I do I handle Incentive Stock Options when filing my ...
I do I handle Incentive Stock Options when filing my federal taxes. My company reports the entire transaction as income and reports it on my W-2.… read more
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Lev
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Bachelor's Degree Equivalent
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I exercized so stock options this year. Box 2 of my ...
I exercized so stock options this year. Box 2 of my 1099-b lists my gross proceeds as 7,169.77. My exercise Gain was 1823.12 because the grant price was 53.7188 and the sell price wa 71.9500. I cant f… read more
Jon Andrews
Jon Andrews
CPA
1,498 satisfied customers
I excersized some employee stock options this year, ...
I excersized some employee stock options this year, resulting in a net gain, reflected as income on my W2 (box 12c, code "V"). The tax associated with this sale was also reflected on my W2. I also rec… read more
Jon Andrews
Jon Andrews
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