Are my NQO proceeds a gain or loss on Schedule D?
October 10, 2014
Date: Thu, 22 Feb 2007
I had an NQSO this year with a gain of $20K and it was reported on my W-2 as income. I understand I need to fill out a Schedule D, but do I report it as a gain or loss?
Date: 28 Feb 2007
Report the proceeds from the 1099B form that you received from your broker as the selling price. Report the option price plus the income reported on Form W-2 for the option exercise as the tax basis (tax reporting cost for gain or loss). You should have either zero income or a small loss on Schedule D.