- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
I am facing the same issue:
I am trying to report an ESPP sale. Here are the steps for the cost basis adjustment part:
- select The cost basis is incorrect or missing on my 1099-B
- select I need help figuring out my cost basis
- select Next, we'll help you figure out your cost basis -> Continue (When I clisk on Continue the tax amount for the sale disappears and the refund value goes back to the one before the sale was created)
- select It's for an employer that has an existing W-2 on this return
- click on Sounds good
- select I got a discount -> type 15%
- select Yes, I received Form 3922 when I purchased these ESPP shares.
- Enter 3922 info
- Click Done.
After all these steps, the tax due for the sale is not computed and the refund amount is not changed. When I look at the sale on turbo tax it shows:
- Sales section field: <empty>
- Cost basis: 0
- Gain loss: same value as shown in proceeds
This looks like a bug. I've reported ESPP sales several times and never had this issue. Is there a way to report a bug to Turbo Tax developers?
‎April 5, 2020
2:37 PM