Buyer's Guide - If you participate in an employee stock option plan
If you bought or sold any stock you purchased through a stock option plan this past year, TurboTax Premier is the product you need. TurboTax Premier includes a step-by-step guide through entry of your stock option transactions, including reporting of purchases and sales of incentive stock options (ISOs) and nonqualified stock options (NQSOs, also known as nonstatutory options).
When part of the profit you made on a sale of stock purchased through an option plan is included in your W-2, TurboTax Premier will calculate this amount, compare it to your W-2, and help make sure that your sale is properly included on your W-2 and on Schedule D. And, if you purchased or sold stock through an incentive stock option plan, TurboTax Premier ensures that your transaction is reported correctly for the Alternative Minimum Tax.
Choose TurboTax Premier for the biggest refund for investors.
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- Read Buyer's Guide - Should I use TurboTax Online or Desktop?