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Thanks for the input....need to wrap the head around this one.

First item of confusion is that if the net proceeds/profit is added to the cost basis, it may not be the same number as the " cost basis " reported by the 1099-B to the IRS...which might be a problem.

Also, the W2 is not itemized to reflect what that exact number was that was part of the gross salary, though it might be found upon getting copies of all paystubs and digging a little further.

Last item of confusion is if the net proceeds/profit reported on the W2 is added to the "options price" it won't be a per share price as its a total figure. Do you just manually figure it out and divide by the number of shares involved?

The software being used to prepare the tax return is TurboTax Home and Business. It has its own prompts, but I am thinking that it may need to be overridden to get this sorted out on the Sch D.
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