## Do I owe taxes on my NSOs?

Here’s a guide to help you figure out if you owe taxes from exercising or selling your non-qualified stock options.

Important note: This chart is here to help you understand some of the factors that can impact the federal taxes you’ll owe when exercising or selling your NSOs; state taxes may differ. This shouldn’t be considered as tax advice. You should definitely check in with your own tax advisor.

## NSOs

Yes
Was the FMV higher than your strike price?  
No taxes  
Did you sell your shares?  
Yes  
Before selling, did you hold your shares for more than one year from exercise?  
No taxes  
Pay long-term capital gains  
Pay short-term capital gains

*If you early exercised unvested options and didn’t file an 83(b) form within 30 days, you may owe taxes in future years.
