Hi Mike9241,
Our apologies for not getting a reply to you. Let me understand your question. You have sold stocks from your ESOP plan from which your company gave you, is that correct? I will respond based upon the information I seem to understand. There are a few questions we need to address about the transaction and some timelines. When did you receive the stocks? How long have you held them? Regardless, you should be receiving a 1099-B from the brokerage firm regarding this transaction.
I have included a link about ESOPs which work very similar to ordinary stock transactions.
https://turbotax.intuit.com/tax-tips/investments-and-taxes/how-to-report-stock-options-on-your-tax-r.... Additionally, I am providing this link about the differences on long term and short term capital gains taxes. As you review this link, be aware of the holding periods for short term as less than one year and long term is more than one year. https://turbotax.intuit.com/tax-tips/investments-and-taxes/guide-to-short-term-vs-long-term-capital-...
I hope that this information is helpful to determine the tax regarding the sale of the stock.
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