Cindy4
Employee Tax Expert

Get your taxes done using TurboTax

Hi,

 

I was going to recommend reaching out to the IRS for their record of the 3922s, but apparently they only keep records about 10 years.  You could look up the Fair Market Value of the stock on the original purchase dates and then reduce it by the discount you received.   The issue is finding the historical data going back that far.  I found this site, but haven't taken the time to see if there is a link here that will go back that far.  https://guides.loc.gov/historical-company-research/stocks.

 

"Live Assisted" is how you reached the chat agent.  When you click on it, you get the option to chat or receive a call.  The instructions are good, but finding the data to enter will be the challenge so you don't overstate or understate your basis and pay too little or too much in tax on the sale.

 

Thank you for joining us today!

Cindy

 

 

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