DaveF1006
Expert Alumni

Investors & landlords

When you enter in stock information regarding your ESPP sales, there will be a screen that asks if you need for Turbo Tax to help determine your cost basis:

  1. After you enter your details on the sale, the very next screen you come to will ask Let us know if you'd like to make any changes to the cost basis 
  2. Next screen will say Next, we'll help you figure out your cost basis
  3. You will continue until you reach a screen that says Now, we'll walk you through entering the rest of your sales info
  4. then it will ask you questions regarding the 3922 you received from your employer
  5. In the 3922 it will ask for the FMV on the grant date and also the FMV on the exercise date. This is where those discount percentage difference would be reported. 
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