answersLogoWhite

0


Best Answer

Not as long as you still own the stocks. In the year that you sell them you and the IRS will receive a copy of a 1099-B with some of the information that you will need to report the transaction on the schedule D of the 1040 income tax return. You will either have short gains (held one year or less) or long term capital gains (held more than one year) in the year that they are sold.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Do you have to pay taxes on stocks given to you by company you work for?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Why is investing money in stocks i wise choice?

Investing money in stocks may be a wise choice because if the company does well you can make money without doing work.


What is private equity and how does it work?

Private equity is the personal ownership of stocks. Equity is a form of ownership of a company and you can be involved in private equity simply by building a portfolio of stocks that you own.


IF you work in Mexico do you have to pay Mexico taxes if the company that pays you is registered in the US?

Yes, any activity you are doing in Mexico that makes money, you have to pay taxes, no matter what your company is registered in other company.


How do I keep my place a work a secret from my parents They think I work on campus They claim me on taxes I'm a cam model so can I just hide the company name from them?

Yes, if your parents claim taxes on you, you can hide the name of the company from them.


How do stocks and hostile takeovers work?

Stock and hostile takeovers? Stocks are nothing more than a very small piece of the pie (part ownership in the company) Hostile take overs is more or less when company A buys out company B (when company B wants to be left alone). "Buying out" or "taking over" a company that does not want to be bought can be accomplished by buying or controlling enough shares (stocks) to over rule the board members or the owner.


What taxes do you pay if you live and work in New York?

In the state of New York you would pay income tax and sales tax. If you own property you would pay real estate taxes to your town/city and county. If you buy gasoline for use in a car or other road vehicle you would pay gasoline tax. If you stay in a hotel you will pay hotel taxes. If you buy cigarettes or liquor you will pay separate taxes on those products. If you run a company, you will pay payroll and business taxes. If you buy or sell stocks or bonds you will pay taxes on those transactions.


How does the zecco company run?

Zecco company is an online investing company. They operate by having the customers work together to offer one another investing advice for stocks, bonds, mutual funds, etc.


How do you answer this question in a job interview - 'If you were given the chance to work in our company what can you possibly contribute?

This depends on what the company does and what the job is.


How do you charge taxes?

It depends on what business you have. I work for a locksmith company and we only tax on any materials that we install or sell.


What will you achieve for the company if you are given a chance to work?

Making their products and giving them a profit.


How does equity work in the state of Florida?

There are many rules regarding equity in the state of Florida. Local taxes are applicable to equities related to property and real estate, as well as those in stocks and bonds.


How long does a DTC transfer of stocks take?

I work for a financial company and usually DTC transfers take anywhere from 5 to 10 business days. I work for a financial company and usually DTC transfers take anywhere from 5 to 10 business days.