Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Level 1
posted Feb 21, 2024 4:55:21 AM

ESPP Earned Incom Question

Hello,

After entering my ESPP and adjusting cost basis, and indicating that the discount wan not included in my W2 (it's from a former employer), and the taxes were calculated with the capital gains part and ordinary income part, and everything seemed fine, then when I got to the review it is asking me to check this entry and says "employee stock compensation income wks: Tearn must be entered" and gives options for No Entry (already checked), Earned income Yes, or Earned income No. I don't why it is asking me this? What should I choose?

1 1 404
1 Replies
Level 3
Feb 28, 2024 5:11:41 PM