The National Directory of Certified Public Accountants

Ask A CPA - Miscellaneous Income

Cash And Property Received

The property is considered taxable wages and reportable at its fair market value. Generally receipt of company stock as payment for services is included in taxable wages in the year it is received by employee. If restrictions apply to the stock, it is not includable.

If you need professional help with "Miscellaneous Income" or have other tax questions, we can help you find a local licensed CPA for a free, no-obligation consultation.