January 26, 2021
ISOs: Annual Tax Statements Due Soon
– Liz Dunshee
This Orrick memo is a reminder that companies need to furnish – by next Monday, February 1st – annual information statements to people who exercised ISOs or transferred ESPP shares during 2020. Companies also need to file an information return with the IRS in March.
The memo explains what IRS forms to use, how to contact participants and make the IRS filings, and also links to a sample statement that could be provided to participants.