topic why am I getting w-2 from former company after selling espp? in Get your taxes done using TurboTax

why am I getting w-2 from former company after selling espp?

arale — Tue, 16 Mar 2021 22:33:21 GMT

Hello,

I sold my former company espp and I found that a w-2 about this espp from my former company is on adp website. Is it normal? Do I need to input this w-2 when I file tax? Or I only need to input 1099-B about the sale? Thank you.

Re: why am I getting w-2 from former company after selling espp?

npierson7 — Tue, 16 Mar 2021 23:09:33 GMT

Yes, you need to enter the W-2 as well as your 20199-B. The value of ESPP is your income and is reported on your W-2 in the year received. If you received the stock in 2020, you need to report the value of the stock as income plus gain on the sale, if any, from your 1099-B on your tax return.

Re: why am I getting w-2 from former company after selling espp?

arale — Tue, 16 Mar 2021 23:06:55 GMT

Thank you.