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February 25, 2023
Question

Stock bond section. it asks what type of investment did you sell. next to my supplemental stock plan, Fidelity has NQSP, but Turbo tax has NQSO option. Are they the same?

  • February 25, 2023
  • 1 reply
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sales info (boxes 1a-1e) What type of investment did you sell. This is an employee stock purchase plan, but Fidelity has NQSP (non-qualified), turbo tax doesnt offer that in the drop down menu. They offer the selection NQSO. Is that the same?

1 reply

February 27, 2023

An Employee Stock Purchase Plan (ESPP) is not the same thing as a Non-Qualified Stock Option (NQSO).  After you enter your transaction, you will be asked "Was this the sale of employee stock?  Indicate that it was an Continue.  On the next screen you will be asked "What type of employee stock is this? The first option in the list is "Employee stock purchase plan (ESPP).  Select that, and continue.  The program will guide you through entering your sale of ESPP shares.  

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