djliney
Level 1
Saturday
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How do you enter an employee stock purchase that's on a 1099-B and included in the W-2?
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Level 15
Saturday
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Go to Sch D, at the top click 1099B worksheet, scroll down to the Entry lines and double click on one of them, this worksheet opens
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djliney
Level 1
Saturday
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I filled in the employee stock worksheet but the program is still now double counting the income as it is already in the W-2 and should not be reported as a capital gain
sjrcpa
Level 15
Saturday
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If they sold all of the stock whose value was in their W-2, the W-2 inclusion is the basis for the 1099-B transaction.
It's your data entry that is causing doubling; not the program.
The more I know the more I don’t know.