How do I know if I sold ESPP, RS, RSU or NQSO on form 1099-B?

Forum|Forum|4 years ago
March 16, 2022
2 replies
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TurboTax wants to know if sales on 1099-B include any employee stock (this includes ESPP, RSU, RS, NQSO, and ISO according to them).

TurboTax Self Employed Online

AamilD

It depends. Did you get 1099-B from a brokerage company because you traded stocks, options, or other securities or did you get 1099-B because you own/have options to purchase stocks of the company you are employed with?

All the categories which you mentioned are related to stocks/stock options which your employer has provided for you. For example ESPP is employee stock purchase plan where you buy your company stocks at a discounted price. So if you did that you would know that the 1099-B which you received is related to ESPP.

However, if you traded stocks/options of different securities via your brokerage and those are not your company stocks, then you will mark that question as a NO since its not related to your company.

inmate139Author

Thanks so much AamilD; your answer was very helpful (much more than what TurboTax provided). Thanks again!

ThyleUllar

If, like me, you sold both ESPP and RSU shares last year, then the only semi-helpful sentence in all the answers above was: “you’ll need to do some digging.”

For E*Trade, I had to go to my account, then orders, select last year, and filter by ‘Executed.’ Then, I was able to see which ones were RSU and which were ESPP.

docross

Agreed, the above explanations were very long winded ways of saying "you'll have to dig through your sales individually on your broker's website, good luck".

ThomasM125

Employee stock would include stock acquired through an employee stock purchase plans (ESPP), stock awarded to an employee as restricted stock units (RSU's), acquired at a discount through an employee incentive (ISO's) or non-qualified stock options (NQSO). If you acquired stock in the company you work for at a discount or for free, it would be employee stock, so if any such stock is listed on your Form 1099-B, you would indicate that in TurboTax.

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