Hello,
Completing the "step by step" questionnaire on sales of ESPP stock, on the last page titled "Your Employee Stock Plan Results", turbotax calculates the amount of income corresponding to the discount that your employer applied when you purchased the stock. This must be reported as Ordinary Income.
The page in questions displays the amount an puts a question with two possible answers:
"Is this income included in wages? -Yes -No"
In my case, my employer included in my W-2 a couple of disqualifying sales, reporting some of the amount but not all.
(Note: a third option asking for the amount your employer included in the W-2 would be a nice addition)
I solved the issue by answering "-No" and switching to forms (ESP Comp Wks). There, in Part II, I located the ESPP line with the total amount and overrided the corresponding cell in column (f) with the amount included in the W-2, that subtracted from the total in column (h) as expected.
CAVEAT: Do not mess with the table with amounts from the individual sales in Part I of the same form. If you override a line, just clicking on it copies whatever number is in that cell to another unrelated line and messes up the return. The only solution I found is to exit without saving and starting over from the last save. This seems a bug and I called turbo tax support to let them know.
I am using turbotax.Premier on Windows 11
