Kevin1
Level 2

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-...

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Allan at Intuit
Level 4

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

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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.

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Still an AllStar
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Kevin1
Level 2
Yes, I know that.   So how are they entered in the program to adjust basis?   What worksheets?
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Kevin1
Level 2
Yes, I know that.   So how are they entered in the program to adjust basis?   What worksheets?
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itonewbie
Level 15
You shouldn't need any worksheet in the program to adjust cost basis.  It can be established based on the W-2 breakdown as well as grant/award/exercise/exersale statements. You can then enter the data for F.8949 as you do for other stock transactions.
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Still an AllStar
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