Yes, this does take me to form , however the first interview question is this, which directs me to "Report with Investment Sale". It is generally not entered on your tax return unless you then sold the stock, or if you could be subject to alternative minimum tax AMT. When you receive form , this means that your employer transferred stock to you because you exercised an incentive stock option ISO.
Because this is a statutory stock option, there are generally no tax consequences for having exercised the option. To be on the safe side, you can enter the information contained in form in case you are subject to AMT or to have the information available for future sale of the stock.
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Absolutely nothing that you enter from Form is transmitted to the IRS in your income tax return so there's no "matching" issues here. Why sign in to the Community? Submit a question Check your notifications Sign in to the Community or Sign in to TurboTax and start working on your taxes.
Enter a search word. Turn off suggestions. Enter a user name or rank. Turn on suggestions. Showing results for. Search instead for. Did you mean:. New Member. Shows the date the option to purchase the stock was. You have received this form because your employer or transfer. Box 2. Shows the date you exercised the option to purchase the. You must recognize. Box 3. Shows the exercise price per share of stock. Keep this form and use it to.
Box 4. Shows the fair market value FMV of a share of stock on. For more information, see Pub. Box 5. Shows the number of shares of stock transferred to you.
When you exercise an ISO, you may have to include in. Box 6. Shows the name, address, and TIN of the corporation. For your. Future developments.
For the latest information about. However, the employer has reported your complete TIN to the. Account number. May show an account or other unique number.
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