Hey,
Thanks for replying. I have few quick questions:
1. Regarding below statement you made.
Since it's a Box B sale - basis not reported to the IRS - you simply enter the correct basis as you enter the sale in the spreadsheet-like, "fill in the boxes" default TurboTax entry form. Press "Continue" when you've entered the 5 pieces on information. You are done.
By spreadsheet-like, "fill in the boxes" default TurboTax entry form are you trying to refer to below?
Box 1a Description
Box 1c Date Sold
Box 1b Date acquired
Box 1d Sale proceeds
Box 1e Cost or other basis
2. To compute cost basis: I do have Employee stock plan release confirmation from Etrade which list total sale price (for stocks sold for sell-to-cover), total tax and fee. So should my cost basis be total sale price + fee?
3. When I click "continue" from page shown in #1 above I get following question:
"Was this a sale of employee stock"?
Sales from employee stock plans, including ESPP, NQSO, ISO, RS and RSU plans often require special handling.
Option 1: Yes, this is stock that was acquired through an employee stock plan
Option 2: No, this is not employee stock
Should I click option 1?
