i sold ESPP stock that was purchased with a 15% discount. After entering the sales I don't see any amount shown as ordinary income for the discount. I am retired so would not receive a W-2.

[TomYoung]

Did you use the ESPP guided interview?  Properly done that interview should calculate the compensation on sales of this stock.  If you noticed that TT was creating a "compensation" element as part of the basis for the sales then I'd tell you to go back into the "Stocks, Mutual Funds, Bonds, Other" interview and complete the interview.  If you stopped this interview when you simply entered your last sale, then you didn't go to the bitter end.  At the very last page of the interview the program should present to you the total amount of compensation it's calculated and ask you if that's the amount on your W-2.  If you answer "No" here TurboTax will make the proper adjustment.

[wikster]

I did all that but it still does not show as regular income.

[TomYoung]

Well, that's odd.  I just did a test sale and it worked perfectly.  You got to the "Your Employee Stock Plan Results" page, saw an amount that TurboTax computed, saw the question  "Is it on W-2?" and answered "No"? 

You didn't explicitly answer my question as to whether you used the ESPP guided interview for your sales?  Did you?

Where did you look on your income tax return to see if the compensation was included there?

[wikster]

How do you get to the your employee stock plan page?

[TomYoung]

You seem not to be able to answer a question.  I don't play "20 questions."

[wikster]

Sorry. I am simply frustrated after entering over 100 sales. I did follow the guided interview in each case and did not see a question about W-2. I checked all of the income categories and did not see an amount

[TomYoung]

I told you to finish the "Stocks, Mutual Funds, Bonds, Other" interview.  You are not going to see this page while entering your sales.  You keep hitting "Done" or "Continue" or whatever until you come to that page.

[wikster]

OK. Finally got to the page. Now my problem is the number is way below what my records show it should be. I also checked that the number is not on the W-2 (didn't receive one) and the number doesn't show in the Income section. Is there any way I can just plug in the number I have? Would I go to "wages" and create a W-2? Thanks for your patience. 

[TomYoung]

" Now my problem is the number is way below what my records show it should be."

That should not be the case.  Since the compensation is calculated on a lot by lot basis you should be able to easily pick out a few instances of where TurboTax's  number is too low.  List out in complete detail all the elements of the grant and the sale.  If your records are simply calculating compensation based on the discount that will almost certainly be wrong if you have Qualified Dispositions.  The compensation on those sales typically is lower than the purchase discount and that might explain what you are seeing.

[wikster]

I think I have figured out what the problem is. Thanks for your help.