Difference between revisions of "Tax Report"

Revision as of 04:01, 10 April 2015

RSU Tax report

Here are a few facts: (see https://www.benefitaccess.com/forms/rsstock/form65532.pdf)

Restricted Stock Units (RSU) and TurboTax: Net Issuance

http://thefinancebuff.com/restricted-stock-units-rsu-and-turbotax-net-issuance.html

• In form w2, the RSU amount is the total amount before shares sold for taxes.
• In form w2, the federal tax withholdings includes shares sold for tax when vesting RSU

If you did not sell RSU

The info w2 form is enough for tax reporting.

If you sold RSU

see http://people.opposingviews.com/report-restricted-stock-units-taxes-8228.html

ESPP Tax Report

Facts: You may see there is an amount of ESPP gain included in W2. This gain is calculated on the time of share acquisition。 You will receive 1099-B if you sold your ESPP

If you did not sell your espp share

It will not appear on W2, and you do not report this.

If you sold part or all of espp

You need to report an adjustment on form 8949
see http://www.sfgate.com/business/networth/article/How-to-avoid-paying-double-tax-on-employee-stock-6021347.php

See also http://www.sfchronicle.com/business/networth/article/How-to-avoid-getting-double-taxed-on-employee-6080453.php