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Need help to know where to fill in Form-3921 information

I am searching through Turbo Tax UI but did not get a place where I can fill in Form-3921. Can someone help me in detail where I can fill in this information ?

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5 Replies

Need help to know where to fill in Form-3921 information

That form is informational only ... to be used when you sell the underlying stock to determine basis.  

Need help to know where to fill in Form-3921 information

So suppose I purchased vested stock then I do not have to fill in any information about that and it is not tax deductible ?

Need help to know where to fill in Form-3921 information

Stock purchases are not tax deductible nor are they taxable until you sell them.
qiuye0827
New Member

Need help to know where to fill in Form-3921 information

why then after I import my Form 3921, the tax I owe increases dramatically ?

Need help to know where to fill in Form-3921 information

You cannot import an informational form ... the sale of stock should be on  a 1099-B and you use the info from the 3921 to report any missing info from the broker if needed.  <a rel="nofollow" target="_blank" href="https://www.irs.gov/pub/irs-pdf/f3921.pdf">https://www.irs.gov/pub/irs-pdf/f3921.pdf</a>
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