Because your employer already reported your compensation income, then you can leave the compensation income amount blank. Sometimes taxpayers will dispose of their ESPP shares at a time when they are no longer an employee. In such circumstances, they will need to include their compensation income on their return because their former employer will be unaware of their sale and moreover, because they are a former employee, they will not be getting a W-2.
If you had to report compensation income, and the sale of your ESPP shares was a qualifying sale, then for compensation income, you report the lesser of:
- The gross sales price minus the actual discounted price paid for the shares minus any sales commission, or
- The per-share company discount times the number of shares.
@jlebas
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