Question

ESPP stock sale, no Form 3922

Forum|Forum|4 years ago
March 13, 2022
1 reply
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Hi,

Sold ESPP stock in 2021, purchased in mid-1980's. Form 3922 not in existence until 2010 as I understand, 1099B worksheet requiring info from 3922 during review, for e-file.

I have dates of purchase, purchase price entered for the sale lots.

Should I print and file by mail? Trying to figure out what other info I may need.

M

mitjct

I have a very similar question: Sold ESPP stock from years prior to Form 3922. What information needs to be entered and where?

T

ThomasM125

You can enter the stock sales as you would a normal investment sale, assuming you held the stock for at least one year and a day after you acquired them, and at least two years since the orginal grant date. This makes them qualifying stock options and as such all the gain on their sale will be capital gain income. All you will need is the date acquired, cost, date sold and sales proceeds.

Follow these steps to enter your investment sales in TurboTax:

Choose the Federal option on your left menu bar
Choose Wages & Income
Choose the Investments and Savings (1099-B, 1099-INT, 1099-DIV, 1099-K, Crypto) option
Choose the Stocks, Bonds, Mutual Funds option
Indicate that you did not get a 1099-B form if that is so
Choose the I'll enter one sale at a time option
Enter the sale proceeds and cost basis
Choose the holding period (short term less than 1 year, long term 1 year or more)