AmyC
Expert Alumni

Get your taxes done using TurboTax

Yes, it is. Two things spring to mind. First, you said significant. If the amount is over $100,000 there are more implications. The portion over $100,000 is treated differently- as NSO  You can see IRS sec 422(d) for more. Secondly, the 6251 has not been released so the program isn't capable of handling it correctly until the form is released by the IRS. The state and federal governments approve the most common forms first and work their way down the list. Please see the links for form availability. Once a date shows up, the reality should be close. Once released, Turbo Tax will work quickly to get it working in the program.

 

Federal form availability

State Forms Availability

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