Catherine Posted March 30, 2013 Report Posted March 30, 2013 Have thought my head around in circles over this one. Client had ESPPs and RSUs. Looked at the ESPPs after figuring the RSUs and got myself royally confused. He bought but did NOT sell any ESPP shares. So, if my thinking (and reading the info in TTB) is correct, he has nothing to report on the ESPPs for 2012. Yes? All the basis questions and the ordinary income versus capital gain etc only gets triggered upon sale? Or have I got it wrong? TIA, Catherine Quote
joanmcq Posted March 30, 2013 Report Posted March 30, 2013 You're right, nothing to do,with them but keep track. Gain & ordinary income only recognized upon sale. Quote
joanmcq Posted March 30, 2013 Report Posted March 30, 2013 You're right, nothing to do right now but keep track of them, although I've seen the companies starting to do that MUCH better than in the past. Quote
Catherine Posted March 30, 2013 Author Report Posted March 30, 2013 Thanks, Joan. Those *$^%& RSU's got my head so turned around I wasn't sure which end was up! Wanted a sanity check before putting that one in the "final review" queue. Happy Easter! Quote
joanmcq Posted March 31, 2013 Report Posted March 31, 2013 Damn, my iPad was starting to do weird things; it didn't show that I had posted at all after the first one. I hope it didn't catch a bug from my desktop. 1 Quote
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