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Old 03-18-2014, 09:46 PM
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Question about stock options

I received a 3921 for some stock options I exercised but I havent sold yet, should I include them in my return? if yes where?

Thanks!



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Old 03-19-2014, 10:29 AM
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Quote:
Originally Posted by erfranco View Post
I received a 3921 for some stock options I exercised but I havent sold yet, should I include them in my return? if yes where?

Thanks!
when you sell your stock options, you must report any income gains or losses resulting from the sale on your federal tax returns.You need to report short-term capital gains or losses on 1040. If you bought stock options and sold them less than one year later, this is a STCG or loss. You will be using Part 1 of the Sch D/ 8949.You need to gather your stock option information so you can input the correct information by getting your 1099-B and information relating to the stock option purchase date, sale date, purchase price and sale price.



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