@Phoenixbt wrote:
Thanks! So with the additional 20% calculation, can I still use the rest of the taxes as prepared by turbo tax then I just have to fill in this extra value in a different form? Is the 409A form they refer to in the link you sent something I need to add in using the forms view? Never had to do this before, so apologies for the dumb questions
409A is the section of the tax code, not a form. I am not familuar with code z so I don't know how to report it since TurboTax does not support it.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
