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Get your taxes done using TurboTax
Hi @GeorgeM777, thanks for the reply. Yes, I understand what CQSO means and I'm not subject to it. However, I'm still trying to figure out what the intention of this question is (under State Taxes AMT section):
- Enter Other Incentive Stock Options
- If you excluded any California qualified stock options (CQSO) proceeds from your income, enter the amount for alternative minimum tax purposes.
The field of this question is pre-filled with my ISO exercise information previously entered in federal tax. My question is, since I don't have CQSO proceeds but still get this pre-filled by TurboTax, does that mean this field equal to ISO exercise + CQSO proceeds?
Thanks.
‎April 11, 2022
2:50 PM