| 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.