If you are using TurboTax online you will not be able to view Form 6251 during the preparation of your return. In TurboTax online, you can select Preview my 1040 to view your Form 1040 and if applicable, Schedules 1, 2, and 3. You click on Back in order to return to the step-by-step preparation of your return.
Your ISO information is entered in the Investment Income section (TurboTax online version). In the Income & Expenses section, scroll down to Investment Income, and click on the drop-down arrow to show more options. Select Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B) and answer the questions when prompted. There will be a page which references ISO type transactions.
If you are using TurboTax desktop, the process is essentially the same. After selecting Stocks, Bonds, Mutual Funds, in the Wages & Income section, enter any relevant information. You may see a page where you can enter information about a specific stock purchase and sale. Click continue, and then the next page will inquire about less common items. Click continue, and the next page will ask about ISO purchases and sales.
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