Thanks Robert4444.
Where do enter these gains in Turbo tax?
If I enter it under Investment- Stocks/Bonds etc it asks me What type of Employee stock it is and the options are ESPP, NQSO, ISO, RS and RSU. In my company's documents it is mentioned as a Management Incentive plan and they call these preferred shares. So which type would these be?
When I selected 'RS' it did ask me about 83B election etc so may be that is the right one.
But it calculated a net investment income tax too. Is that applicable in my case?
Further, I had class B and Class C preferred shares. Should i report them separately even if the number was the same? I got a consolidated amount with no break down of the individual price on sale.
Thanks for your help,
