How do I report my Stock Purchase Agreement? It was for fully vested shares which were taxed at the time of grant.

Forum|Forum|3 years ago
April 16, 2023
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My attorney said: "Your shares are fully vested and so will be taxed at the time of your grant. That means you will report these awards on your 2022 individual income tax filing. You should provide your CPA or tax preparer with a copy of the Stock Purchase Agreement.

Because your shares are fully vested, you will not need to make an 83(b) election."

ThomasM125

You may be referring to company stock you acquired through a restricted stock unit (RSU). If so, the value of the stock is taxable in the year that it vests and you take ownership of it. Normally, the company will report the value of the stock in box 1 on your W-2 form, with a note referring to it in box 14. If so, you don't need to do anything else special to have it included on your tax return.

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