Wall Street

How to Report Vested Benefits on Your Income Taxes

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By TurboTax Vesting helps a business hold onto valuable employees by requiring them to stay with the company for a few years to get the maximum benefit. How vesting worksWith vesting, an employee earns benefits over time, rather than receiving them upfront. For example, a company might offer job candidates shares of stock if they accept an offer, but they will receive those shares only if they remain with the company for a certain amount of time—six months, a year, 3 years, and other variations. Commonly vested benefits include: TurboTax Premier makes it easy and fast to import, upload, and ac…

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