compensation income in box 14 on W2 for RSU/ SSAR. Employer stock transaction worksheet and capital gain loss transaction worksheets completed.There is no cap gain/loss. Nothing flows on schedule D? Uncertain if something is incorrect because the 1095-b isn't being reported anywhere? Think I have another step I am missing.
Just want to make sure I understand the background of your question, so that you can get the answer you need.
Your question says the compensation is for RSU and SAR and amounts are reported in Box 14, which often contains informational items. Since it's not uncommon for RSU to be delivered in cash and SAR are phantom plans, it leads me to believe there's no stock transaction at all.
Are you sure there is a 1099-B for these? If shares from employer stock option plans are sold, I'd always request copies of the grant and exercise documents because most individuals have little idea what proper reporting of these transactions entails
I have seen W2s from this company before and it is included in box 14 every time. I do have a 1099-b with only proceeds and no cost basis. TP provided me with statements that had the information I needed to calculate cost basis/capital gains etc.
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Why do you want to report this?
RSU and SSAR reported as income on W-2
compensation income in box 14 on W2 for RSU/ SSAR. Employer stock transaction worksheet and capital gain loss transaction worksheets completed.There is no cap gain/loss. Nothing flows on schedule D? Uncertain if something is incorrect because the 1095-b isn't being reported anywhere? Think I have another step I am missing.
Why do you want to report this?
@Just Lisa Now! or @IRonMaN can you help a PS user?
- Asked by gabjo00
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ProConnect Tax Online, United States
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Just want to make sure I understand the background of your question, so that you can get the answer you need.
Your question says the compensation is for RSU and SAR and amounts are reported in Box 14, which often contains informational items. Since it's not uncommon for RSU to be delivered in cash and SAR are phantom plans, it leads me to believe there's no stock transaction at all.
Are you sure there is a 1099-B for these? If shares from employer stock option plans are sold, I'd always request copies of the grant and exercise documents because most individuals have little idea what proper reporting of these transactions entails
Why do you want to report this?
I have seen W2s from this company before and it is included in box 14 every time. I do have a 1099-b with only proceeds and no cost basis. TP provided me with statements that had the information I needed to calculate cost basis/capital gains etc.
Why do you want to report this?
No question about income inclusion on the W-2, just how the units were delivered.
So long as you're clear on the basis from the grant/award documents, I'd enter the details just like any other stock transactions.
https://accountants-community.intuit.com/articles/1606117-1099-b-proceeds-from-broker-and-barter-exchange-transaction
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