Hello.
I have an employee share purchase program through my employer. My employer sells me company stock at a 15% discount. That discount is taxed as income in my pay stubs.
The brokerage firm shows the cost-basis for this stock at the discounted price, not the fair market value. I recently sold a batch of stocks. How do I show the correct fair market value stock price in my tax returns so that I don't get double taxed for the discount.
Thank you!
