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Level 1
posted Jan 30, 2021 5:59:16 AM

Issue with Employee Stock Transaction Worksheet

Hi,

I am working on my taxes and I seem to be running into an issue with the final checks.  It is saying that the "Capital Gain (ls) adjustments/other info ([Sale Description]) -- Employer Stock Worksheet: Line 25. Column (C) cannot be later than the date sold.

I think I entered the information correctly and the date sold is later than the date vested, but I'm not sure where else to check.  

Is there a way to see what field it is checking to throw that error?

Thanks!

Jim

0 7 2886
1 Best answer
Level 1
Feb 1, 2021 5:39:39 PM

I found the answer on another thread. Right click on line 2 in the worksheet. On Windows, select "Override" from the drop down. On Mac, go to the edit menu and select Override.. then put the date in on line 2 and move on!

7 Replies
Level 1
Feb 1, 2021 1:51:53 PM

Looks like I am having the same issue! Here are some more details...

 

REPLACEDNAMEOFINSTITIION and REPLACEDNAMEOFTRANSACTION are replacements for what I actually put in the worksheet..
 

Under the Review Return section

 
This is the error I get...
Check This Entry
Form 1099-B Worksheet (REPLACEDNAMEOFINSTUTUTION) — capital gn (ls) adjustments/other info (REPLACEDNAMEOFTRANSACTION) — Employer Stock Worksheet: Line 25. Column (c) can not be later than date sold.
 
Line 24. Column (c) 11/30/2020
 
Looking in the worksheet, colum (g) for the Date Option Exercised is 12/01/20.  So, that should be correct.
Now, on the worksheet.. On the worksheet under Part 1, line 2 Date Shares Sold is blank, and I cannot put anything in the box!

Level 1
Feb 1, 2021 1:54:49 PM

I am also noticing the the worksheet has incorrect information in it. I have two classes of stocks that I sold, and the information from one class of stock is checked off on the work sheet for another. this is incorrect.

Level 1
Feb 1, 2021 5:39:39 PM

I found the answer on another thread. Right click on line 2 in the worksheet. On Windows, select "Override" from the drop down. On Mac, go to the edit menu and select Override.. then put the date in on line 2 and move on!

Expert Alumni
Feb 1, 2021 5:51:43 PM

This issue has been submitted and is currently under investigation. Thank you for your patience and please check back with us later. 

Level 1
Feb 2, 2021 2:26:15 PM

That did it!  Thanks!

New Member
Mar 3, 2021 8:09:15 AM

I am having another issue with the worksheet.  It is not acknowledging the ESPP shares sold to pay taxes and thinks I have not accounted for that number of shares.  I have checked it 3 times.  How do we report this bug to Intuit?

New Member
Apr 5, 2023 7:45:28 PM

Hi there, 

I have the same issue. Turbotax doesn't let me file because I have an error message: "Employer Stock Worksheet line 25 column c can't be later than the date sold".  I checked many times the value in ine 25 column c is before the date sold. This solution didn't work because my 'override' option is greyed out.  Any other suggestion?