Thanks for the reply. That was very helpful. I have now selected the option “walk me through adding information. Please walkthrough with me how to use the transaction list I have to populate the remaining screens.
- Tell Us about your ESPP discount Screen – I selected I didn’t get discount
- Did I buy all this stock at the same time Yes or No – On my transaction report, each transaction has an Id and multiple lines beneath it. Each of the lines has an acquisition date and they are all different. Does this mean I should select No ( multiple purchase lots? If I say, no, TurboTax goes to a screen that asks if I want to add another lot. Do I need to add a lot for each separate acquisition date under the transaction ID in my transaction report?
- If I select add a lot , how do I populate the Lets get some purchase info about this ESPP purchase. Does this come from the individual lines in my transaction report? Each line has an execution date (same for all lines), a sales price (same for all lines), a quantity, a cost basis, and an acquisition date. For some of the lines there is also an adjusted cost basis and an adjusted acquisition date. Would
- Number shares bought = transaction ID line quantity
- First day of offering = not sure what to put here. The hire date or assume annual period starting Jan 1?
- Date purchased = transaction ID line acquisition date – I have several adjusted acquisition dates - what do I do with them? They look like they all are at the beginning of a month
- Market Price on grant date per share = not sure what to put here. The only dollars that are on the transaction report are sales price, cost basis and an adjusted cost basis (for some lines only)
- Market price on purchase date= not sure what to put here. The only dollars are that are on the transaction report are sales price, cost basis and an adjusted cost basis (for some lines only)
- Price, you paid per share = not sure what to put here. Is this calculated from the two market prices. The only dollars that I have in the transaction report are sales price, a cost basis and an adjusted cost basis (for some lines only)
- Purchase commissions – not applicable
Appreciate your help!!
