How do I fill in my stock sale information from form 1099-B

[rodwaymore]

I sold RSU and ESPP stock and it is already reflected as income in my W2 with the appropriate taxes already taken out.  When I enter my 1099-B into Turbo Tax it is calculating as if this income hasn't already be entered.
I hope that I am explaining myself well enough to get the point across.  Thanks.

[RichardG · Accepted solution]

The key is to adjust your basis in the ESPP stock to equal the amount of income included in your W-2 income.  That way the sale results in no gain, and usually a small loss after sales expenses.  Please follow these links for more information.

ESPP

RSUs

[rodwaymore]

Thanks for the advice and links.  They were very helpful!!

[gaytonkin]

You should not be receiving both a W2 and a 1099 for the same income.  It's one or the other type of income. You should contact  the payer to question this.