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Level 1
posted May 22, 2020 1:34:08 PM

I executed a same day ISO transaction The gain was reported as income on my W2. The gain was also on a 1099-B (reportable). Do I need to complete sched D?

I want to ensure that I do not overstate my earnings. Thank you!

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1 Replies
Level 1
May 22, 2020 2:00:37 PM

Never mind - I found my answer - just report the cost basis equaling the sales price. 

 

https://turbotax.intuit.com/tax-tips/investments-and-taxes/incen[product key removed]ns/L4azWgfwy