Thread: Taxes!
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Old 02-10-2003, 04:06 PM
LondonBroil LondonBroil is offline
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Join Date: Jan 2003
Posts: 576
Default Taxes!

I recently got my W-2's from my job along with a Tele-File from the IRS. I was getting ready to call in my tax info tonight and my girlfriend told me that I had to include a stock check I got in the mail this year.

What happened is that I worked for a company for 3-4 weeks awhile ago, not sure how long. It seems within those 3-4 weeks the company went public and I received 42 shares of stock. After I had left this company, they sent me a letter asking me if I wanted to keep them or sell them and being relatively young (24), and in need of cash (needed a new compy), I sold.

They sent me a check for something like $1200-$1400 and I was good to go.

Now my girlfriend is saying I HAVE to somehow tell them about it or I go to jail? I'm not even sure that I received this check in 2002 and if I didn't, that means it's too late anyway. I never received anything from the company telling me I had to report it (I don't think) so if I DID have to do it this year, how would I?

Also, if I didn't report it, how would the IRS even know about it?

Any comments would be appreciated. [img]/forums/images/icons/laugh.gif[/img]
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