If I have a 401k and stock options with my employer, do I need to wait for any seperate forms besides my W-2 to file my taxes?
2007-01-11 04:55:38 · 3 answers · asked by drgnfli808 2 in Business & Finance ➔ Taxes ➔ United States
Only if you received a distribution during the year. Or if the plan has a life insurance option, then you have to wait for PS-58 costs which would be on a 1099R. But if you do not have life insurance through the plan and have not received a distribution, your W-2 has everting on it that you need regarding the plan.
2007-01-11 04:59:49 · answer #1 · answered by Hotsauce 4 · 1⤊ 0⤋
Your contributions to the 401(k) will have already been reported on the W-2. If there was any recognition of income as a result of the stock options, it will show on the W-2 as well.
2007-01-11 05:12:07 · answer #2 · answered by jseah114 6 · 0⤊ 0⤋
No. You need not report anything until you withdraw funds.
2007-01-11 04:59:19 · answer #3 · answered by robert s 2 · 2⤊ 0⤋