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June 1, 2019
Question

I received free shares from my company in 2018 but did not take any money out. Do I need to report this?

  • June 1, 2019
  • 1 reply
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Company gave me free shares in 2018 but did not take the money out. I received a separate document saying addition W-2,1099-B and 1040. Do I need to report this?

1 reply

June 1, 2019
It depends on the FMV of the shares on the date of issue. Also all restrictions need to considered in determing their valuation