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aabhi_in
New Member

Should I select "Other (non classified)" category for the ESPP and RSU income reported in Box 14 of my W2?

Turbotax W2 import wants me to confirm if the "Other (not classified)" category is correct.
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1 Reply
KathrynG3
Expert Alumni

Should I select "Other (non classified)" category for the ESPP and RSU income reported in Box 14 of my W2?

Yes, Other(not classified) is correct. The information in Box 14 is only informational. It does not go anywhere on the return.

 

You may need to make further adjustments if Form 1099-B has an incorrect tax basis and your cost was added to your Box 1 income of Form W-2.

 

For more information, see:

How do I enter Employee Stock Purchase Plan (ESPP) sales in TurboTax?

How to Report RSUs or Stock Grants on Your Tax Return - TurboTax Tax Tips & Videos

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