KrisD15
Expert Alumni

Get your taxes done using TurboTax

For the ESPP (Employee Stock Purchase Plan) stock, select ESPP from the list of types of stock from the program. I assume they are labeled QSP (Qualifying Stock Purchase) because the program adhered to the qualifying rules and the holding periods were met. 

 

For the year you sold (2023) the amount of the discount for that stock should be included on your W-2 Box 1.

Your basis or cost for that stock is what you paid, (the strike price) plus the discount. You may need to adjust the basis from what is reported on the 1099-B for that stock. Refer to your Form 3922 for the numbers. 

 

The stock received as a bonus would be RSU (Restricted Stock Units) if it had a vesting period. The basis of that stock is the same as what the employer reported as part of your income (W-2 Box1) for that stock. 

 

 

 

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