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Stock Sales

We sold some stock this year. I have all the paperwork for proceeds, cost basis, gain/loss and whether long or short term. TurboTax asks me if this stock is from an ESPP - Does it matter if I have all the other numbers? 

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Accepted Solutions
KrisD15
Expert Alumni

Stock Sales

No, the TurboTax program has that option in anticipation to what the Taxpayer may need to know or adjust. 

If the Taxpayer is aware of the adjustments that may need to be made, they can enter the stock without stipulating that it is ESPP stock. 

 

There is no place on Form 8949 or Schedule D to specify the stock was ESPP stock. 

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1 Reply
KrisD15
Expert Alumni

Stock Sales

No, the TurboTax program has that option in anticipation to what the Taxpayer may need to know or adjust. 

If the Taxpayer is aware of the adjustments that may need to be made, they can enter the stock without stipulating that it is ESPP stock. 

 

There is no place on Form 8949 or Schedule D to specify the stock was ESPP stock. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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