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Level 6
December 10, 2020
Solved

new worksheets for espp input

  • December 10, 2020
  • 10 replies
  • 23 views

The 2020 Proseries has more worksheets for stock input. Specifically, has anyone played with the ESPP inputs yet? There used to be a single worksheet that would be used to figure the company discounts and to adjust for the compensation income. Can anyone give me a quick summary of how to input the ESPP information now, coming from a form 3922? Thanks!

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Best answer by cinmon428

I'd be interested to hear your initial impressions once you go in there and play around a little. My first reaction is that I'd rather use last year's much simpler worksheet to do my calculations and then transfer the results to this year. Surely Proseries doesn't want us to have to do that. At a minimum I think Proseries needs to do an inservice in this area for us to figure out what's going on. 

10 replies

Just-Lisa-Now-
Intuit Community Champion
December 10, 2020

I had an EA in town call me and leave a 2 minute voicemail ranting about the new worksheets for Sch D this year.   He was not a happy camper!

I havent went in and played around with it much yet, sorry.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
cinmon428AuthorAnswer
Level 6
December 10, 2020

I'd be interested to hear your initial impressions once you go in there and play around a little. My first reaction is that I'd rather use last year's much simpler worksheet to do my calculations and then transfer the results to this year. Surely Proseries doesn't want us to have to do that. At a minimum I think Proseries needs to do an inservice in this area for us to figure out what's going on. 

Just-Lisa-Now-
Intuit Community Champion
December 10, 2020

@Orlando11   or @IntuitAustin do you know if Intuit plans to have any workshops to learn the data entry on the new Sch D worksheets?

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
Intuit Community Champion
December 10, 2020

If you enter "ESPP" in the "where do I enter box" it will come up with three choices. The first two are not working yet, but if you click on the third one a work sheet comes up allowing you to enter info from 3922 near the bottom of worksheet. Maybe @Orlando11 will check and see why the first two do not work

Level 8
December 10, 2020

Investigating.. I see what you mean, but it'll probably take a day to troubleshoot since this intersects a few teams.