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Get your taxes done using TurboTax
Thank you for your response.
These transactions are NQSO exercised as 'same-day-sale' not ESPP. If the Sale Price (the price the NQSO were actually sold) is more than the Exercise Market Value/FMV (price of the stock at the end of the day the day), TurboTax treats it rightly as Compensation Income which is included in W2; if the Sale Price is less than the Exercise Market Value/FMV, TurboTax treats this as Loss but not part of Compensation Income. Because E*Trade reports both gains and losses in Box 1 of W-2, but TurboTax reports only gains, we cannot reconcile how TurboTax treats these transactions with the Stock Plan Transactions Supplement provided by E*Trade.
March 26, 2022
2:13 PM
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