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| *Loan,banking and credit>>>income tax |
If I am payed in company shares/stocks do I need to pay income taxes? If yes, then how much and at what rate? |
Is it regular income or what? It's regular income. It's taxed at the value of the shares when you receive them. The value of the shares should be included in the amount in box 1 of your Form W-2 When you sell, you pay capital gains if you make a profit. When you mention "grants" that DOES involve stock options and the treatment of them will depend upon the characterization of the options. http://www.irs.gov/newsroom/article/0,,i... I hope this helps..... I would seek the help of a tax professional good luck & bless imho - mucho tax experience Everyone pays taxes ....Weather you want to believe it or not . The answer is YES.How much depends on the amount you recieve. That info wasn't given.... First, the correct spelling is "paid" "Payed" means "To let out (a line or cable) by slackening" You declare as income the value of the stock you receive. When you sell it, you declare it as either a capital gain or loss depending on whether you sold it for more or less than the value for which you previously paid taxes. |
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