DavidD66
Expert Alumni

Get your taxes done using TurboTax

The IRS will not be expecting you to report any transactions regarding the same day exercise and sale of your Incentive Stock Options (ISOs) using Revenue Procedure 2002-50.  The whole point of the procedure is to simply the process and minimize the filing requirements.  If you incurred a loss on the sale due to fess that were charged, you can report the sale on Form 8949 and Schedule D.  The bargain element of the transaction (the income) was reported on your Form W-2.   You report it in TurboTax the same way you report other gains and losses; however, when asked if you received a Form 1099-B, answer no.  Continue and enter the information and details of your transaction.  

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