Tuesday, February 17, 2015

So You Received a Form 3921 for Receiving Incentive Stocks

This information is important and only required in the year in which you sell your stocks.  The year you sell these stocks, you should receive a 1099-B and previous form 3921 (or forms depending upon how many years you received it) is then used to determine the cost basis for these stocks when determining capital gains.

REFERENCES:
http://www.irs.gov/uac/Form-3921,-Exercise-of-an-Incentive-Stock-Option-Under-Section-422%28b%29


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