Proseries stock options included in wages

Forum|Forum|6 years ago
December 7, 2019
2 replies
12 views

I found support articles for entering Stock Options included in wages for Proconnect and Lacerte, but I can't find any articles for Proseries. How do I enter these transactions, aside from overriding 8949?

Here are the support articles for Lacerte and ProConnect. A link to an existing support article would be great.

https://accountants-community.intuit.com/articles/1728053-sale-of-employee-stock-options-w-2-box-12-...

https://accountants-community.intuit.com/articles/1608630-enter-sale-of-employee-stock-options-from-...

ProConnect Tax Online

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Best answer by Allan at Intuit

This article may help. I've requested it be updated for 2018 since some of the Part numbers have changed, but the flow should still be similar.

https://accountants-community.intuit.com/articles/1610395-reporting-sales-of-employer-stock

Allan at IntuitAnswer

Level 5

This article may help. I've requested it be updated for 2018 since some of the Part numbers have changed, but the flow should still be similar.

https://accountants-community.intuit.com/articles/1610395-reporting-sales-of-employer-stock

itonewbie

Level 15

Stock options are just fundamentally stocks acquired through an employer plan, which establishes basis. The capital gain transaction would just be entered the same way as normal securities.

---------------------------------------------------------------------------------Still an AllStar

K

Kevin1Author

Level 3

Yes, I know that. So how are they entered in the program to adjust basis? What worksheets?

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