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New Member
posted Jun 5, 2019 10:17:51 PM

I received a Form 3922 for Employee Stock Purchase Plan. Where would I go to add this information for my taxes?

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1 Best answer
Intuit Alumni
Jun 5, 2019 10:17:53 PM

If you purchased ESPP shares, your employer will send you Form 3922, Transfer of Stock Acquired Through an Employee Stock Purchase Plan.

If you did not sell any shares this year you don't need to enter this form on your return. It's sent to you for informational purposes only.   However, hang on to Form 3922 as you'll need it to figure your cost basis when you sell your ESPP shares in the future.

 

If you did sell some ESPP shares this year, the transaction will be reported to you on Form 1099-B (usually in early February) .  To report the information, please follow the steps in the FAQ printed below:  Where do I enter a 1099-B?



[Edited | 4/8/2020 |  9:40am PDT]


3 Replies
Intuit Alumni
Jun 5, 2019 10:17:53 PM

If you purchased ESPP shares, your employer will send you Form 3922, Transfer of Stock Acquired Through an Employee Stock Purchase Plan.

If you did not sell any shares this year you don't need to enter this form on your return. It's sent to you for informational purposes only.   However, hang on to Form 3922 as you'll need it to figure your cost basis when you sell your ESPP shares in the future.

 

If you did sell some ESPP shares this year, the transaction will be reported to you on Form 1099-B (usually in early February) .  To report the information, please follow the steps in the FAQ printed below:  Where do I enter a 1099-B?



[Edited | 4/8/2020 |  9:40am PDT]


Level 2
Feb 11, 2021 6:00:09 PM

Since I no longer work for that employer that I received the ESPP shares from, and have transferred the shares to my broker, the 1099B from my broker does not recognize that these shares are ESPP shares, so I always need to enter the data from form 3922 myself.  In the past, navigating Turbotax to enter form 3922 has always been cumbersome, but this year is the worst. I would like instructions to be able to enter my 3922 data manually.

Level 2
Feb 11, 2021 6:00:33 PM

Useless information