Tax

Have a tax question? Ask a tax Expert

Connect one-on-one with {0} who will answer your question

Related Tax Questions
What are the -term vs. short-term considerations when
What are the long-term vs. short-term considerations when selling stock from an employee stock purchase plan (ESPP)?… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
20,998 satisfied customers
What is a taxable stock offset? was money set to IRS? 2017,
what is a taxable stock offset? was money set to IRS? … read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
6,531 satisfied customers
See the attached file. Do i need to process this doc in 2018
Please see the attached file. Do i need to process this doc in 2018 tax return of my client or it is just an informational issue? my main concern is deductions (FEDERAL & FICA 2)… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
20,998 satisfied customers
I have a tax question about stock options. Not so far. I
Hi, I have a tax question about stock options JA: Have you talked to a tax professional about this? Customer: not so far JA: Anything else you want the Accountant to know before I connect you? Custome… read more
Dr. Fiona Chen
Dr. Fiona Chen
President
Ph.D.
9,579 satisfied customers
I retired 2 years ago and exercised stock options in 2017. I
I retired 2 years ago and exercised stock options in 2017. I received a W2 from my former employer that shows all of the stocks exercised. Do I still need to do a Schedule D. … read more
Tax.appeal.168
Tax.appeal.168
Principal
8,188 satisfied customers
Back in 2013, I got an NSO option grant from the private
Back in 2013, I got an NSO option grant from the private company which later was executed in July of 2014. The price of the ​stock was as low as $0.02 per share.Lately, the company was rather successf… read more
Carter McBride
Carter McBride
LLM
8,010 satisfied customers
What is the difference between statutory stock and
what is the difference between statutory stock and non-statutory stock? How are they reported on the company books and how are they taxes?… read more
Tax.appeal.168
Tax.appeal.168
Principal
8,188 satisfied customers
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
Tax advisor and Enrolled Agent
Bachelor's Degree
6,531 satisfied customers
The cost basis reported on my 1099- is not accounting for
The cost basis reported on my 1099-B is not accounting for the compensation component and I think I am being taxed twice (once on the income reported in the w-2 and again on the 1099-b). What's the 'f… read more
Bill
Bill
Master's Degree
3,255 satisfied customers
A taxpayer sells nonqualified stock options in 2012. On his
A taxpayer sells nonqualified stock options in 2012. On his 2012 W-2, the proceeds are reported in blocks 5 & 11 but are not included in block 1. I thought proceeds from nonqualified stock options wer… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
20,998 satisfied customers
Does a "NQO"(Non Qualified Stock Option) mean that the option
Does a "NQO"(Non Qualified Stock Option) mean that the option is not eligible for capital gain rates & will be taxed as ordinary income?… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
20,998 satisfied customers
I work for start-up who just filed for IPO. If I exercise my
I work for start-up who just filed for IPO. If I exercise my options right now (before it start trading publicly) and keep the stock for more than a year, will this purchase be subject for TAX in the … read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
56,668 satisfied customers
I have a client who has exercised stock options. For tax purposes
I have a client who has exercised stock options. For tax purposes is the difference between the exercise price and the option treated as ordinary income? How would they have this reported on their 109… read more
jgordosea
jgordosea
Enrolled Agent
Bachelor's Degree
2,885 satisfied customers
I have a large stock loss carry forward and have since joined
I have a large stock loss carry forward and have since joined a new company where I now will be receiving stock options with gains. I have not excersized the options yet. Can I off-set the gain I stan… read more
socrateaser
socrateaser
1,544 satisfied customers
If I have 10 yr options at $1 and I exercise them at the end
If I have 10 yr options at $1 and I exercise them at the end of the 10 years, what is the tax effect? If the value of the stock is $10 at the 10 year mark then is it ordinary income of $10 - even if t… read more
Bill
Bill
Master's Degree
3,255 satisfied customers
I owned 3% of a company that sold. I received 35k and some
I owned 3% of a company that sold. I received 35k and some shares in the company that bought us. I sold those shares to the owner of the old company for 12K. They reported all this money on my W2 for … read more
Ed Johnson
Ed Johnson
Senior HR Consultant and Business Devlpm
Bachelor's Degree
6,994 satisfied customers
I have a tax question regarding ESPP transactions. I know ...
I have a tax question regarding ESPP transactions. I know that a disqualified dispensation may result in short-term capital gains. Can such gains be used to offset stock investment losses from previou… read more
RD
RD
Self Employed
Master's Degree
1,129 satisfied customers
In 2001 my wife exercised her NQ stock option because it ...
In 2001 my wife exercised her NQ stock option because it was coming due. We sold enough stock to cover the purchase of the stock and taxes. We paid taxes on the full purchase and reported a $401 gain … read more
R. Greg Paszkiewicz
R. Greg Paszkiewicz
Accountant
Bachelor Degree
140 satisfied customers
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response...

T.G.WMatteson, IL

I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight.

BonnieChesnee, SC

Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation.

JohnMinneapolis, MN

Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with.

OrvilleHesperia, California

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!

AlexLos Angeles, CA

Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.

GPHesperia, CA

< Previous | Next >

Meet the Experts:

Wallstreet Esq.

Wallstreet Esq.

Tax Attorney

586 satisfied customers

10 years experience

Mark D

Mark D

Enrolled Agent

1,338 satisfied customers

MBA, EA, Specializing in Business and Individual Tax Returns and Issues

Richard

Richard

Tax Attorney

6,039 satisfied customers

29 years of experience as a tax, real estate, and business attorney.

PhillipsEsq.

PhillipsEsq.

Attorney-at-Law

838 satisfied customers

B.A., M.B.A, J.D.

Loren

Loren

Attorney

741 satisfied customers

Over 25 years practicing law

Robin D.

Robin D.

Senior Tax Advisor 4

23,416 satisfied customers

15years with H & R Block. Divisional leader, Instructor

Megan C

Megan C

Certified Public Accountant (CPA)

8,667 satisfied customers

Licensed CPA, CFE, CMA, CGMA who teaches accounting courses at Master's Level

< Previous | Next >

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Show MoreShow Less

Ask Your Question

x