Quiz

Taxes Quiz

The taxman cometh. How much do you know about the taxation of your equity compensation?

Please answer the following 10 questions. This quiz is also a course of study. The answer key links to content on the topic for follow-up reading.


1. When you exercise an NQSO or when restricted stock/RSUs vest, what type of taxable income do you trigger?


2. On what IRS forms do you report capital gains when you sell your company stock?


3. How long must you hold NQSO stock to have the gains taxed as long-term capital gains?


4. The exercise of ISOs can trigger what special tax?


5. What occurs in a disqualifying disposition?


6. In what circumstances is the gain from an NQSO exercise, or the value of restricted stock/RSUs at vesting, reported on Form W-2?


7. With a tax-qualified ESPP, is anything related to a purchase reported on Form W-2?


8. What IRS form do you file if you make a mistake in reporting sales of company stock on your tax return?


9. If you do not make the Section 83(b) election, how are dividends on restricted stock taxed?


10. What are the capital gains tax rates?

Comments on this exam? Email editors@mystockoptions.com

Customize This Quiz For Your Company

All of our quizzes are also available through our custom stock plan sites and as part of our content licensing to companies. We can even customize our quizzes to fit your stock plans. This makes the quizzes a useful tool for education and communications when you award new grants, switch from options to restricted stock, or near a major vesting date. For details of our corporate services and licensing, email sales@mystockoptions.com.

Continuing Education Credits For CEPs, CFPs, and More

The myStockOptions.com Learning Center has courses and exams offering continuing education credits for Certified Equity Professionals, Certified Financial Planners and Certified Private Wealth Advisors (CPWA) and Certified Investment Management Analysts (CIMA) through the IMCA. Each course features articles, FAQs, and podcasts, woven into an interactive learning tool that teaches the topics in a memorable way. The answer key for each exam also links to relevant content on myStockOptions.com for further reading and review.


The content is provided as an educational resource. myStockOptions.com shall not be liable for any errors or delays in the content, or any actions taken in reliance thereon.
Copyright © 2000-2017 myStockPlan.com, Inc. myStockOptions.com is a federally registered trademark.

Please do not copy or excerpt this information without the express permission of myStockOptions.com.
Contact editors@mystockoptions.com for licensing information.