I have pre-IPO stock that I was granted many years ago. It went public last year and I sold it. For some reason, it is counting the gains as though I paid nothing for the options years ago, instead of the difference between the cost basis and net sales.
- I have filled out a Form 3921, where I enter the exercise price per share, shares transferred, and fair market value.
- I have also filled out how much I had paid for the shares, I believe when TurboTax asked for the cost basis.
- In the section reading "Your Incentive Stock Option (ISO) Sales Results", it is computing its own "price paid" that doesn't match what I actually paid.
Any ideas where to troubleshoot?
