Get your taxes done using TurboTax

You need to look for the blue link that says What if I sold employee stock? on the entry for your ESPP sale from the 1099-B.  To get to the right location,

  • In your Federal return, choose Wages & Income
  • Scroll down to Investment Income and Show more
  • Start or Revisit Stocks, Mutual Funds, Bonds, Other
  • Edit the sale 
  • On the page "Tell us about your Brokerage 1099-B" choose the radio button for "I'll one sale at a time."  
  • Fill in your information and look for the blue link at the bottom which says What if I sold employee stock?  Click on it  and complete the interview.

Generally, the final amount will be a small loss or gain.  This is the gain or loss on the sale of the stock after deducting the price you paid for it, as with any other stock transaction.