1099B stocks sold

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I am getting stocks from Microsoft as my employer as part of my compensation, they are deposited on my account without any conditions/vesting periods, etc. I sold those stocks, not stocks I bought within ESPP plan. Turbotax is asking me ''Do these sales include any employee stock?This includes ESPP, RSU, RS, NQSO, and ISO.''? What shall I reply? Microsoft is my employer, but those stocks were not part of any plan accordong to Fidelity, Fidelity classify them as "deposit only" and not part of any pla. How shall I answer Turbotax question in my case?

Ask the Experts - MetLife - Mar 2026

ThomasM125

Alumni - Intuit

Reply yes, that is employee stock.

The value of the stocks will be listed on your W-2 form as taxable income. It is possible the cost basis reported on your Form 1099-B will be incorrect, as it may not include the associated income that is reported on your W-2 form, so you may need to adjust the cost basis reported on the Form 1099-B.

When you enter the Form 1099-B in TurboTax, there will be a screen where you enter the sales proceeds and cost basis and you will see an option to indicate that the cost basis is incorrect or missing on the Form 1099-B. Check that box and on another screen, you can enter the correct cost basis or request that TurboTax assist you in determining what the correct cost basis it.

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redmarlenAuthor

Level 4

So I shall reply "Yes" even if this stocks are not part of ESPP, RSU, RS, NQSO, and ISO?

AmyC

Alumni - Intuit

Yes. The stock is from your employer so it is definitely job related and that can change the basis reported. It seems like the stock must be a direct grant if it isn't anything you mentioned above -particularly RS. You will select Other. Enter the basis included in wages.

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