Got Eight Minutes? Get The Facts On The New IRS Reporting Rules And Forms For Stock Sales

If there's a way to make learning about tax reporting fun, myStockOptions.com will try it. In the Tax Center at myStockOptions.com, we've published a quick-paced eight-minute video presentation
on the expanded IRS Form 1099-B and cost-basis reporting, the new IRS
Form 8949, and the revised Schedule D. It's a painless way to learn
these important developments and prevent expensive mistakes on tax
returns during the tax season. It can also be licensed and customized to
fit your stock plans, like all the content at myStockOptions.com.

You and your employees will love it. In a concise, engaging overview, our editor-in-chief Bruce Brumberg will inform you about:

• the expanded reporting on Form 1099-B, and why the reported cost basis may be wrong or omitted


• figuring out the right cost basis for your stock sales


• the new Form 8949 and how to report stock sales on it


• interpreting Form 1099-B when completing Form 8949


• what to do when the cost basis in Box 3 of Form 1099-B is too low or not given


• totaling the reported stock sales on the revised Schedule D

Need further information? There's plenty more expertise where that came from. A new article and FAQ at myStockOptions.com fully cover these tax-return topics, as do our podcasts. Additionally, our special section Reporting Company Stock Sales
presents FAQs with annotated diagrams of Form 8949 and Schedule D. Each
FAQ explains and illustrates a different reporting situation involving
stock options, restricted stock, restricted stock units, performance
shares, employee stock purchase plans, or stock appreciation rights.
Clear instructions and diagrams show how to complete the forms, whether
the cost-basis information on Form 1099-B is accurate, too low, or
omitted

The ECE would like to thank myStockOptions.com as the February 2012 ECE Sponsor.  Their sponsorship has allowed us to add mobile features to the site January and will allow the addition of a new, shorter and easier url by the end of February.