@TomYoung
Well, I really can't thank you enough for sharing your spreadsheet with me and explaining exactly how to calculate the basis.
I replicated your process in Excel for that first trade and in TT, said, "I know my basis" then entered $40,231.80. TT then calculated my reported loss as -$54.37, which matches your calculation (yay!)
I did the same thing for all 12 trades; ignoring the NQSO question in TT and entering them all as normal stock trades with the adjusted cost basis calculated in my spreadsheet. All trades were for the full grant amounts. (No longer with that employer so it was use it or lose it)
My grand total in adjustments is about $1400 less than the total income reported in Box 12a Code V on the W2. Shouldn't they match? I will go back and double check all my numbers to make sure I didn't type something in wrong.
I will also go back to the employer to find out what they reported as compensation for each trade.
Thank you again for taking so much time to help me. I really, really appreciate it.
