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After you file
There is nothing to report on your tax return if you just exercised your right to purchase stock through your company's ISO plan and did not sell any of the shares purchased. If you have nothing to report with regard to ISOs, then you can disregard that section of TurboTax. To the extent you made some entries, you can delete them as that section does not apply to you.
In the event you decide in the future to sell your ISOs, here is a link to a TurboTax article that provides some good examples of different tax scenarios regarding ISO sales.
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‎February 23, 2023
11:10 AM