Can I report incentive stock option gains on Schedule D?
August 17, 2005
Date: Tue, 02 Aug 2005
I exercised some ISOs and sold the shares on the day of exercise. The gain from the sale was reported on my W-2 form. I had thought based on advice from my accountant that I was going to report the income on Schedule D. I had a large capital loss carryover from the previous year to apply to the gain. Is there any hope that I can report the gain on Schedule D?
Date: Mon, 08 Aug 2005