PA ESPP ordinary income

Forum|Forum|6 years ago
March 21, 2020
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I purchased stock 20 years ago through an ESPP. I recently sold some of the stock and have ordinary income (difference between stock price I paid and the actual stock price). I have the paperwork from when I bought the stock so I can determine the ordinary income. I understand how to report the ordinary income on my federal income tax. My question is how to report the income on my PA income tax. I assume I report it on form W-2S in Section II. However I don't have anything other than the 1099-B reporting the sale. Do I write up my own statement documenting the ordinary income?

Best answer by ThomasM125

One you enter the income on your federal tax return, it should flow down automatically to your state tax return, so no additional entry should be required on your state tax return.

ThomasM125Answer

Level 15

One you enter the income on your federal tax return, it should flow down automatically to your state tax return, so no additional entry should be required on your state tax return.

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