There is another option you might try. That is, including the discount in Box 14 on a W-2.
Because the discount is a form of wage compensation, you can enter the amount in question by going to the Income & Expense section (TurboTax online), scroll down to Wages and Salaries, click Start, then click Add another W-2. Proceed to enter your employer information, and then on the next page is where you will enter the amount. If you scroll down the page to Box 14 and click on the ? next to Box 14, you will notice in the pop-up window that Box 14 is used by employers to report additional income to the IRS including employee stock benefits such as ESPPs.
Including the discount in the manner described above is a better option as opposed to including such income on Schedule 1, line 8j.
@earlgrey
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
