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Retirement tax questions
Replying to my own post to clarify some things. The covered shares were reported with the including ordinary income from the purchase discount added in , as appropriate. For the uncovered shares I sold, I can do this myself when calculating the appropriate basis to use for those. I have to adjust both of these basis values DOWN 4.2% from the Kyndryl spin off (and when I sell those i assume i have the face value they were given to me as to use as basis ) . So ok. That gets my 1099-B in good shape.
What I fail to see is how I enter the ordinary income from the discount as income somewhere. I don't have a W2 from ibm for it. I have not been their employee for nearly 10 years.
I don't know where in TurboTax to toss this value in . Hopeful someone can offer some how to .