Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
Peter,
I got a bit confused by your response where at one point you say you don't need the cost per share,,,and then you do. I'm not sure I agree with your analysis, but I may be misreading. I'll use an example of the way I understood and handled my ESPP for years.

Example..
You purchase a share of XYZ, which is currently trading at $100.
Your ESPP gives you a 15% discount on purchases ($15).

Nothing need be done until the share is sold.
If the share is sold for $125 and commission is $5

Cost of share = $100
Adjusted Cost of share = $100 + $5 commission = $105
Sales proceeds = $125
Gain on Sale = $20
Ordinary Income = $15 (15% saved up front goes to top line of misc income).

Terry
Print the post  

Announcements

Disclaimer:
In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement