Archive for the ‘Taxes on Stock Options’ Category
Stock Options Tax Treatment Tips
June 10th, 2009The tax treatment of stock options can be hard to understand. This video outlines some of the major pitfalls of stock option tax reporting. If you have a modified stock option, for example, it will show on your W-2 as ordinary income so you have to pay tax on the spread between the option price and what you sell the stock for. If you hang onto the stock and it goes down in value and you pay tax on the full value. The video explains why you should report a same day sale on your tax return when paying taxes on stock options.
Got stock options? It can be tricky to file them in your tax return. Get tips for doing so in thisfree video clip about tax deductible items. Expert: Tom Choisnet Bio: Tom Choisnet has been in self-employed tax practice for over 40 years, and he has been an enrolled agent since 1968. He has prepared over 35000 tax returns.
Posted in Taxes on Stock Options | 
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