I sold ESPP shares for the first time in 2021. These are qualifying shares purchased in the 1990s, and all sold with long-term gain. Situation 3 in this article is exactly my situation:
https://turbotax.intuit.com/tax-tips/investments-and-taxes/empl[product key removed]ase-plans/L8NgMF...
I don't recall if the discount of these shares were reported on my W-2 forms for the years they were acquired. These shares were not recorded as ESPP at the brokerage. After the sale, they sent me a 1099-B form with Dates Acquired and Cost Basis for all the shares sold. I have no record of 3922 or W2 forms from the employer, as mentioned in this video:
https://www.youtube.com/watch?v=66Gzu9vZqb4
I will be using TurboTax Premier for the 2021 filing. Questions:
- Will TurboTax guide me through how to enter all the information, including the shares' Offering and Exercise dates and prices, etc. to calculate the company discount?
- Will the company discount be added to the 1099-B cost basis?
Thanks in advance.
