Question

ordinary income on stock plan transactions supplement from eTrade

Forum|Forum|1 year ago
March 4, 2025
1 reply
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on my stock plan transactions supplement, the adjustment amount has ( ordinary income) listed.

I think I understand that importing and later manually inputting the adj cost basis into each stock sale, but

what do I do with the ordinary income total?

thanks,

Ji

T

ThomasM125

I can't see your statement, so I'm not sure what you are looking at. However, if you are dealing with employee stock, the ordinary income refers to the amount typically listed as wage income in box 1 of your W-2 form. It represents the discount you received on the price of the stock when you acquired it. It would not be listed on your investment sale entry, but could factor into the calculation of your adjusted cost basis. The adjusted cost basis is often the discount plus the cost basis reported on your Form 1099-B.

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