@Bodie7 I just found this <a rel="nofollow" target="_blank" href="
http://www.hpalumni.org/stock">http://www.hpalumni.org/stock</a> walks you through the whole reporting...and even provides retirees contact information! My limited 5 min cursory review it seems yes there are tax consequences and yes the bargain purchase element will be ordinary income.
**I don't work for TT. Just trying to help. All the best.
***Say "Thanks" by marking as BEST ANSWER and clicking the thumb icon in a post and that I solved your question
**Mark the post that answers your question by clicking on "Mark as Best Answer" I am NOT an expert and you should confirm with a tax expert.
