Adjusted Cost Basis for ESPP

What makes up the adjusted cost basis for a sale of ESPP stock?

Is it the purchase price + dividends + company match (which was already taxed as regular income)?

posted

No. The adjusted basis for ESPP is the actual price you paid per share (the discount price) times the number of shares, plus the amount reported as compensation (added into your wages).

Refer to the TurboTax Help article Employee Stock Purchase Plans (Situation #1) for additional information.

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System doesn't recognize that I adjusted the cost of basis of a nonqualified stock sale to $0. Any workarounds?

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Adjusted Cost Basis for ESPP