KrisD15
Expert Alumni

Get your taxes done using TurboTax

Normally, the discount is reported by the Employer in Box 1 on the employee's W-2 when the stock is sold. 

This is income for the employee and a deduction for the employer. 

 

Since you left the company, I assume the employer is reporting the discount as your income so they can claim the deduction and close the transaction. Sounds like the stock was not sold, but it was released to you. 

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