Welcome Guest. Register Now!  

LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old 03-15-2010, 07:08 PM
Junior Member
Join Date: Mar 2010
Posts: 1
Espp Sale

I had a question regarding a sale of ESPP. My friend has sold ESPP and the income is shown in the W2, however the company has also included the capital gain in the W2 because he had received the amount in his paycheck. As far as we know, the capital gain should be reported on Schedule D and not on your W2. How would we report the ESPP sale here? If you show the capital gain as part of W2 and also on Schedule D then wouldn't that be showing the gain twice? Could it be possible that the company made a mistake?

Thank you

Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
espp loss stlouiskid Miscellaneous 2 02-26-2010 01:17 PM
Sale of a non principal residence needhelp Capital Gains 2 12-30-2009 06:47 AM
stock sale 7rassel14 Income 1 02-07-2009 10:53 PM
Capital asset sale or Second Home Sale? Or Gift??? dawnjellybean Income 0 02-04-2009 07:22 PM
ESPP related tax question..(and covered calls) 6781 Capital Gains 0 03-26-2008 12:19 AM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 » Income
 » IRA/Sep
 » Medical
 » Payroll
Forum for CPAs
Financial Planning