Doug Warner wrote:

- quote -

If you would like to receive an EXCEL spreadsheet to compute
the tax consequences of the sale of stock acquired from an
Employee Stock Purchase Plan, send an e-mail to
Roger[at]SimonsTaxPro.com with the subject ESPP.

Mr. Simons is an Enrolled Agent.

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"Doug Warner" <dwarner22[at]ccharter.net> wrote:

- quote -

Why? Let's not lose sight of the fact that your tax
software is there to serve you, not the other way around.
Since you're tracking all the information already, all you
need is one Schedule D entry per sale (two if it's a
long/short term mix).

This assumes that you know what numbers should go on
Schedule D. If you don't, it would be a good idea to learn
how it works rather than trusting software.

--
Phil Marti
Clarksburg, MD

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >

My ESPP purchases stocks on every 2-week pay period. This
results in 26 2-3 share purchases every year. =20

Unfortunately, in a year when I sell some of these stocks,
in Turbotax, I have to fill out one "Employee Stock Purchase
Plan Worksheet" to calculate the gains on every one of
these small purchases

I made a spreadsheet, but I have to enter the purchase
information for every pay period, and then transcribe the
results into the worksheets.

I'd like software that lets me simply input all the shares
purchased, what I paid for them, and the dates, and let it
do all the work. Does this exist?

I'll need this next year, since I plan to sell about 350
shares soon to help buy a new car.. This will require
filling out over 100 worksheets in 2007 with TT.=20

--
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Spammers are Scammers. Exterminate them.

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >