Form 3922 Due Dates

Form 3922 must be filed by corporations when an employee acquires stock through an employee stock purchase plan (ESPP) at a discounted price. The IRS requires this form to be filed annually and a copy provided to the employee.

To remain in compliance, it's important to file Form 3922 with the IRS by the due date and furnish recipient copies on time. Failure to meet these deadlines may result in penalties.

What is Form 3922?

Form 3922, "Transfer of Stock Acquired Through an Employee Stock Purchase Plan Under Section 423(c)," is used by corporations to report the transfer of stock acquired by an employee through a qualifying Employee Stock Purchase Plan (ESPP).

This form provides the IRS and employees with essential details such as the grant date, exercise date, purchase price, and the stock's fair market value. These details are vital for determining the correct tax treatment when the employee sells the stock in the future.

Key Dates for Filing Form 3922

Penalties

Filing Form 3922 with TaxZerone

Step 1: Login to your TaxZerone Account

Step 2: Choose Form 3922 and the tax year, then enter the required details for the corporation and employees, including their names, addresses, TINs, and stock purchase plan information

Step 3: Submit the form to the IRS and deliver the employee’s copy through ZeroneVault or send it by postal mail.