Using Quicken 2006 Premier. Wife has stock options (Non-Qualified) with various vesting dates and exercise prices. I've entered all these in Quicken.
She also has a number of Restricted Stock Awards (RSA's) in the same company. An RSA has no exercise price since it's awarded in certificate form to her. Like the Non Quals, they vest at various dates.
How do I enter these in Quicken since Q seems to only recognize Non-Qualified and Qualified (ISO's)?
Paul Fenton
What I've done is enter all the yearly awards with the future dates. You will have to update the price when they vest. At the time of vesting, the award should be treated as income, based on the price at vesting. Her company will include on her W-2, and also do withholding. When you sell, normal capital gains will apply.
Tivo'ed, thank you for replying. I understand how they're treated when vested and the tax implications. What I'm trying to figure out is how do I enter them now in Q?
As I said, Q only recognizes NQ's and ISO's and requires you enter the # of shares and the exercise price. As you know, there is no exercise price on restricted stock. So how do I get them into Q along with her NQ's?
Paul Fenton
OK. I re-read your reply and understand what you're saying. That's the answer I was looking for. Thanks again.
Paul Fenton
Thank you, Tivo'ed, that's the answer I was looking for.
Paul Fenton
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