Case1:
1a. Qualified non-covered: 505 EMC purchased on 12/31/09 at $14.85 with FMV $17.47 & offering period FMV/date = $13.14/(7/1/09 to12/31/09). Discount is 15%.
1b. 1099B says: proceeds=$12,145, basis=(is it $4843??), compensation inc=???
I did the following: Declared ESPP sales and Inserted the values form 1a. in step-by-step. Then in the view form worksheet overridden cost to $4842.95 =505*(14.85-5.26). I end up with LT gain of 7302.30 and compensation income=995.36 (this is not in my W2)
Case 2:
2a. Disqualified covered: 356 EMC form 3922 (box1=8/1/15, box2=1/29/16, box3=26.89, box4=24.77, box5=21.05, box7=1/29/16, box8=22.85), comp income in W2=$1324.32
2b. 1099B says: proceeds=$8562, basis=$5620.92
I did the following: Declared ESPP sales and Inserted the values form 2a. in step-by-step. Then in the view form worksheet overridden cost to $5620.92 from 1099. I end up with ST gain of 2940.88 and compensation income=1324.32 (does this make my base 5620.92+1324.32 ?)
