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korsan
New Member

ESPP discount entry

I do get a discount for my ESPP but I believe that is already included my purchase price. I want to fill step by step through form 3922 but it asks me if I have a discount or not prior to that. I am little confused if I need to put that because I believe that is already reflected in my W2. Do I need to put as a I have 10 % discount or not prior to filling the step by step in form 3922?
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1 Reply

ESPP discount entry

Simply enter the discount percent your plan uses.  That percentage can be important if you have a "qualified" sale since the calculation of the compensation created by the sale can be applied to your grant date per share "fair market value" in determining compensation in that case.  If you don't have a qualified sale that percentage is ignored, but until you enter the Form 3922 information, TurboTax doesn't know if you have a qualified sale, or not.

Tom Young

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