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State tax filing
You have all the information you need to correctly report the sale of stock from your NQSOs. Therefore, I recommend you don't indicate in the program that it is "Company Stock". You don't need to go through the extra questions. Enter the transaction exactly like it is reported on the Form 1099-B. After entering, select "The cost basis is incorrect..." and enter the correct cost basis, which is the amount you paid ($10 per share) plus the amount that was added to your W-2 as wages, plus the commission. That's it.
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March 25, 2025
10:50 AM