Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Oct 30, 2019 8:54:31 PM

My employer gave stock options. I exercised and purchased stocks. The company was sold and I got gains. My spouse gave money to purchase stocks. Can we split capital gain

0 1 1257
1 Best answer
New Member
Oct 30, 2019 8:54:32 PM

You will have to report the full gain realized from the sale of your stock options as it relates to your exclusive employment arrangement. Any gains on stocks purchased with funds from your spouse could be reported separately by them.

1 Replies
New Member
Oct 30, 2019 8:54:32 PM

You will have to report the full gain realized from the sale of your stock options as it relates to your exclusive employment arrangement. Any gains on stocks purchased with funds from your spouse could be reported separately by them.