Taxation of LPL IPO shares
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Apr 1, 2011 5:37 pm
I received a 1099-MISC from LPL stating that my NonEmployee Compensation (Box 7) was $150,000. from my LPL stock option plan. I also received a 1099-B for $90,000 for the options shares that I sold in 2010.
So, is that $150,000 is added to my gross income for the 2010 yr? (even though I only received $85,000 (after fees)
Thanks,