Should my option exercise withholding show on my 1099-B?
March 23, 2005
Date: Thu, 10 Mar 2005
The 1099-B that I received from my broker doesn’t show federal withholding for the sale of my option shares. The ordinary income is included with my wages on Form W-2. Is this an error?
No. The withholding for the transaction should also be included on your W-2 form. The broker withheld taxes as an agent for your employer.