turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Attend our Ask the Experts event about One Big Beautiful Bill (OBBBA) on Jan 14! >> RSVP NOW!
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

dimos_tt
New Member

Where do I enter a 1099-B Ordinary Income adjustments for the sale of ESPP stock?

My 1099-B shows a cost basis of $490.84 for the sale of an ESPP stock, but I have a Supplemental Information document that shows Ordinary Income of $86.61 and Adjusted Cost or Other Basis of $577.45.
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
AmandaR1
New Member

Where do I enter a 1099-B Ordinary Income adjustments for the sale of ESPP stock?

To enter your corrected cost basis, follow these steps. In the investment section for 1099-B: 

  1. Select to enter your information by transaction. 
  2. On the next screen, you'll enter boxes 1a-1e. 
  3. Directly below these boxes, click the blue button to enter additional Info about this sale, "I'll enter additional info on my own."  
  4. On the next screen, you'll have the option to enter corrected cost basis which is where you can enter your correct amount. 

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question