rose323
Level 5
01-16-2024
06:32 PM
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Hi everyone, I have a customer who withdrew shares from their stock shares at Spacex. It is included in his W2 form. Is there any other form I should be expecting? Or is this sufficient to file? He has STKAWARD on the state box 14 for California.
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sjrcpa
Level 15
01-16-2024
07:58 PM
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Does withdrew mean sold?
The W-2 amount is the ordinary income from this transaction.
There will probably be a 1099-B for the sale.
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abctax55
Level 15
01-17-2024
12:22 AM
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And there should be (hopefully) a worksheet that ties the amount on the W-2 to the basis amounts shown on the F 1099-B
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