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Proseries stock options included in wages

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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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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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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

View solution in original post

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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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Level 2
Yes, I know that.   So how are they entered in the program to adjust basis?   What worksheets?
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Level 2
Yes, I know that.   So how are they entered in the program to adjust basis?   What worksheets?
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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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