Last year around this time, I posted an article about Tax Reporting For Employee Stock Purchase Plans (ESPP).

Last year, I learned the that there are specifically different rules for handling these types of capital gains/(losses) when compared with your standard stock transactions. My mistakes caused me to refile my tax returns (federal AND state) for the previous 3 years). I ended up getting about $1000 back so I didn't complain too much.

So this is just a reminder. If you sold any stock from an ESPP this past year, please follow the link above and read my detailed article on how to report this on your taxes. Also, you might want to take a look at using my spreadsheets which will help you calculate your gain/(loss) for these types of transactions. You can get the spreadsheets from the original post, or download them right from here:

I dedicate these two ESPP Tax Calculations files to the public domain so feel free to use them any way you wish.
ESPP Tax Calculations.ods - Open Document Spreadsheet format for OpenOffice.org
ESPP Tax Calculations.xls - MS Excel spreadsheet

Happy Tax Filing!