Form 3921

Form 3921

A form that a corporation files with the IRS upon an employee's exercise of a stock option. Form 3921 is used when the employee eventually sells the stock in order to calculate the capital gain or loss.
References in periodicals archive ?
There is also added support for Box 6 on Form 3921 to allow entry of parent and subsidiary company information.
The IRS has indicated that it is developing two new forms that taxpayers will use to fulfill the reporting requirements: Form 3921, Exercise of an Incentive Stock Option Under Section 422(b), and Form 3922, Transfer of Stock Acquired Through an Employee Stock Purchase Plan Under Section 423 (c).
Form 3921, Exercise of an Incentive Stock Option Under Section 422(b) (this form was in development at the time of this writing);
Form 3921 is a form that is used to report exercise of an incentive stock option under Section 422(b).
At the time it issued the final regulations, the IRS indicated that it was in the process of developing two new forms that taxpayers will use to fulfill the reporting requirements: Form 3921, Exercise of an Incentive Stock Option Under Section 422(b), and Form 3922, Transfer of Stock Acquired Through an Employee Stock Purchase Plan Under Section 423(c).