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April 12, 2023
Question

How to report 3921 on the turbotax ?

  • April 12, 2023
  • 1 reply
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I have received the form 3921 from my employer. 

i had gotten 1000ISO at the certain strike price which i exercised, and sold only 400 of those after exercising on the same year. 

My form 3921 has both ( sold + exercise ) stock details, and 1099 has earning details. 

I am filing 3921 as AMT, but it will now include sold and exercise stock , but my sold stock is already reported on the 1099 form

1 reply

DaveF1006
April 18, 2023

 Go to the investment section where you reported the sale of the stock. After this is reported;

 

  1. Continue through the section where it asks if this is the sale of employee stock. Here you will say yes. Answer yes to the second question as well.
  2. Next screen select ISO.
  3. Next, select the employer these shares of stock were issue by.
  4. Next select that you sold stocks exercised in 2022.
  5. Next you will enter date sold and number of shares sold.
  6. Next screen will summarize your sale.
  7. The next screen will ask how did you buy the shares your sold.
  8. Next screen will have you enter your purchase (exercise) information.  Here is where you will enter information from your 3921 form.

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