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Investors & landlords
For the shares you bought and sold in the same year, you should not enter those in the "ISO buy and hold" section. There is a note about that in the program when you go to enter them:

Also, you may need to adjust the cost basis reported on your Form 1099-B to reflect the ordinary income associated with the ISO shares as on listed on your W-2 form. Often, the 1099-B will report what the shares cost you and ignore the additional amount of the discount income reported on your W-2 form. If you go through the routine in TurboTax where you let the program help you determine the correct cost basis on employee stock options you should be OK.

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‎February 28, 2024
8:38 PM