Form 3922 - Employee Stock Purchase Plan?

[zeros]

Received this form along with the normal data. Not familiar with it and could use a little help.

Line 1: 1/1/16
Line 2: 6/30/16
line 3: Fair Market value per share on grant data: $70.21
Line 4: Fair market value per share on exercise date: $60.60
Line 5: Exercise price paid per share. $51.51
Line 6: Number of shares - 17
Line 7: Date legal title transferred. 6/30/16

Can someone enlighten me as to what to do?

[Lion]

TTB page 6-17

[mactoolsix]

Zeros - I see nothing that says he sold any of these ESPP shares.
ESPPs are taxed only upon the sale.

Was a 1099-B supplied?
Did the W2 have any income information for ESPP?

If so, I can send you a spreadsheet that will handle stock options.
Just pm me your email.

Mike

[ttbtaxes]

The 3922 will help in future years to establish basis information when the stock is sold.

[kathyc2]

Zeros - I see nothing that says he sold any of these ESPP shares.
ESPPs are taxed only upon the sale.

Was a 1099-B supplied?
Did the W2 have any income information for ESPP?

If so, I can send you a spreadsheet that will handle stock options.
Just pm me your email.

Mike

I would love to have a s/s that makes it easier. I get ESPP's rarely, and for some reason they always seem to confuse me, and there is currently one in my to do pile. I'll pm you my e-mail.