DavidD66
Expert Alumni

Investors & landlords

I recommend you break down each transaction according to which lot they came from and enter each one as a single transaction.  What you enter will be determined by whether the sale is a Qualifying Disposition or Disqualifying Disposition.  And if a disqualifying whether it is long-term or short-term.   So, if your sale of 7.43188 consisted of stock from the Jan 2020, July 2020, and July 2023 Grants, you would enter three transaction in TurboTax.   

 

I also recommend that if your company reported the ordinary income portion on your W-2, that you do not use the Company Stock option in TurboTax.  Instead, determine what your cost basis is, if the amount on the 1099-B is not correct, then after you enter the transaction you will be given the option to adjust the cost basis.  When asked if the sale was of company stock, answer No.  

 

Please see the following TurboTax article for an explanation Qualifying vs Disqualifying and how to determine what you need to enter for each transaction.   

 

Employee Stock Purchase Plans

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