espp-stock-sale-entry-freetaxusa

name	espp-stock-sale-entry-freetaxusa
description	Workflow for entering ESPP stock sales in FreeTaxUSA with unknown acquisition dates and basis adjustments
version	1.0.0
source	auto-extracted
extracted	"2026-04-13T00:00:00.000Z"
metadata	{"tags":["tax","espp","stock-sales","freetaxusa","basis-reporting"]}

ESPP Stock Sale Entry in FreeTaxUSA

When entering ESPP sales with unknown acquisition dates: (1) Select "Yes" to ESPP question to trigger ESPP-specific flow; (2) Choose "No" for known acquisition date, then select "Various Dates Acquired - One Year or Less" (short-term conservative default); (3) Enter sale proceeds and date; (4) Set cost basis to $0 if no supplemental statement available and W-2 Box 14 shows $0 ESPP income; (5) Select "No" for basis reported unless Box 12 is checked on 1099-B. This preserves the full gain for reporting and avoids understating tax liability.