topic NQSP vs NQSO in Get your taxes done using TurboTax

NQSP vs NQSO

AL107 — Mon, 23 Feb 2026 09:33:56 GMT

In my 1099-B from Fidelity my company stock sale is listed as NQSP. In turbo tax I can not see that option. The closest one is NQSO. Are these two options the same? If not what option do I choose for NQSP?

Thanks for the help!

Re: NQSP vs NQSO

MarilynG1 — Wed, 01 Feb 2023 00:07:50 GMT

They are the same. Here's more info on Non-Qualified Stock Options.

Re: NQSP vs NQSO

AL107 — Wed, 01 Feb 2023 01:29:05 GMT

@MarilynG1 thanks a lot for clarification. And what would be the TT analogy for QSP, just ESPP?

Re: NQSP vs NQSO

GeorgeM777 — Wed, 01 Feb 2023 15:41:30 GMT

Following up on the comments from @MarilynG1, assuming the "Q" in your company's QSP means "Qualified," then such plan is likely similar to an Incentive Stock Option plan which is a type of qualified plan. However, depending on your plan type, your QSP could be an ESPP.

ESPPs are plans that allow employees to purchase stock at regular intervals and usually at a discount. ESPPs can be qualified or non-qualified. Qualified ESPPs adhere to IRS 423 Regulations whereas non-qualified ESPPs do not. If the ESPP plan is non-qualified then it probably has more flexibility; however, it does not have the tax benefits of a qualified ESPP.

@AL107

Re: NQSP vs NQSO

AL107 — Thu, 02 Feb 2023 01:09:33 GMT

Thanks a lot @GeorgeM777 , it is just that TT does not have QSP, but rather NQSO and ESPP. In my 1099-B though there is QSP and NQSP, so I was trying to match QSP and was assuming that it is ESPP since there is no other suitable option in TT. I agree that ESPP is the umbrella for QSP and NQSP.