Tax Season 2025: myStockOptions Helps Take The Stress Out Of Filing

The tax reporting for income received in 2024 via equity comp or stock sales can be complex, given the year's uneven stock markets and economic uncertainty. Moreover, changes at the IRS under the second White House administration of President Donald Trump could impact the IRS in unpredictable ways.

Mistakes can lead to overpaid tax, underreported income, IRS penalties, or even an IRS audit. The last thing you want is to pay too much tax or incur penalties that take yet more money out of your pocket.

As in every tax season over the past 20+ years, the fully updated myStockOptions Tax Center is here to help. Our resources provide expert yet easily understandable guidance on tax returns that involve stock options, restricted stock, restricted stock units, performance shares, stock appreciation rights, employee stock purchase plans, and sales of company stock. In addition to updates for 2025, the website's content includes new videos and infographics.

Tax Center Resources

• Core articles and FAQs spell out the core rules and most common mistakes people make with stock grants on their tax returns. Taxpayers, financial advisors, CPAs, and Enrolled Agents can quickly run through these to be sure they submit error-free returns.
• The reporting of stock sales is made clear by special FAQs with annotated how-to diagrams of IRS Form 8949 and Schedule D.
• Diagrams of Form W-2, Form 3922 (for employee stock purchase plans), and Form 3921 (for incentive stock options) illustrate how companies report equity compensation income to employees.
• Infographics illustrate the process of tax reporting on key IRS forms.
• A fun interactive quiz on tax-return topics lets you test your reporting knowledge in a painless way, before you file your return, and links to related content from the answer key.
• Brief videos include a guide to avoiding costly tax-return mistakes that can lead to the overpayment of taxes. A new video at the myStockOptions YouTube Channel, embedded into Tax Center content, goes over the top 5 things to know before you report stock sales on your tax return.
• Engaging podcasts convey tips for tax returns.

Special Webinar Available To Stream On Demand

On February 12, myStockOptions.com held a special webinar on tax returns involving equity compensation and stock sales: Tax Returns With Equity Comp & Stock Sales: Prevent Mistakes & Avoid Overpaying Taxes. Now available for immediate streaming on demand, the webinar features three tax experts (two CPAs and an Enrolled Agent):

• Stephanie Bucko, CPA, CFA®, Mana Financial Life Design
• Dan Hodgin, CPA, Silicon Valley Tax Group
• Daniel Zajac, CFP®, EA, Zajac Group
• moderator: Bruce Brumberg, JD, editor-in-chief of myStockOptions

The panelists provide practical insights on mistakes to avoid that can lead to major tax overpayments or IRS trouble. They also discuss their takes on the future of the IRS under President Trump. In addition, they present real-world case studies, including one showing how to use information in tax returns to create better financial plans.

The on-demand webinar offers 2.0 CE credits for CFP, CPWA/CIMA, and CEP/ECA (the live event also provided CE for CPAs and Enrolled Agents). A detailed agenda is available at the webinar registration page.