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Level 1
April 11, 2026
Question

How do you enter in sales commission for an ESPP sale that was reported as gross proceeds

  • April 11, 2026
  • 1 reply
  • 89 views

TurboTax ESPP prompts correctly gather the information from the ESPP purchase to allocate the W2 ordinary income and capital gains.  What I can NOT find is where to show the sales commission Schwaub charges and as it was a crazy $25 I need to get it in.  Schwaub reported GROSS proceeds not Net.  On the entry form for the 1099-B the "Proceeds" info popup says there will be a field later to enter sales commissions.  I have gone all the way through the ESPP prompts and while it asks for possible commisions on the ESPP purchase (there is none) it never asks for the sales commission.  I have also been digging through the forms but I can not find it.  Please help.  

    1 reply

    Level 15
    April 13, 2026

    Yes, you definitely want to include this to reduce your gain. Add the sales commission to the cost basis of your employee stock purchase plan (ESPP) stock. To make it easier, you can add all of it to one cost basis if there was more than just one charge/sale.

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