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Tomar Paco
Returning Member

ESPP transfer form 3922, sold at a different broker

I bought ESPP with Computershare, then transferred those shares to TD Ameritrade and sold them.

TD Ameritrade shows a huge gain because the cost basis was not transferred.

All I got from Computershare is a 3922, but there is no clear way to enter that in TurboTax to reflect the cost basis.

Is there an easy way to import a 3922 into TurboTax? if not, why not, and how do I enter the cost basis so I don't pay capital gains on the entire sale amount since there is  no cost listed at TD Ameritrade?

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1 Reply
DavidD66
Expert Alumni

ESPP transfer form 3922, sold at a different broker

You cannot import a Form 3922 into TurboTax.  TurboTax has interview for the sale of ESPP stock.  Do not import you Form 1099-B with the sale of the ESPP stock.  Instead, enter it yourself.  To do so in TurboTax, (if using Online be sure you are logged in to your return): 

  • Click on Search
  • Type “1099-B“ in the Search Window and hit Enter
  • Click on Jump to 1099-B
  • Click on + Add More Sales
  • Answer Yes to: "Did you get a 1099-B or a brokerage statement for these sales?"
  • Click on "I'll type it in myself"
  • Enter your Brokerage name
  • Answer Yes to "Do these sales include any employee stock?"
  • Click the box to indicate the number of sales. 
  • Click Continue on screen with "We strongly recommend entering your sales from Charles Schwab one at a time"
  • Continue on the screen with "Now we'll walk you through entering the info on your Charles Schwab 1099-B" and enter the details of your stock sales.
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