I think start over in this section so you can identify it from the beginning as ESPP, if you have not already.
To report ESPP sales in TurboTax:
- When you enter your 1099-B information you will be asked: 'Do these sales include any employee stock? This includes ESPP, RSU, RS, NQSO, and ISO' Say yes.
- Then you will be asked 'What type of investment did you sell?' Select ‘Employee Stock Purchase Plan, (ESPP) '
- Check the box that says 'The cost basis is incorrect or missing on my 1099-B'
- Then select 'I need help figuring out my cost basis'
- You will be prompted to enter your ESPP and Form 3922 information.
To report the ESPP, you will need
- Form 3922 from your employer,
- Form 1099-B and
- Form W-2
to determine the appropriate cost basis for your transaction, which may require additional details in TurboTax to accurately report the transaction.
For more resources, see below:
