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ASAP What's New? Join Benefits Career Company Contacts Finances Hot Topics Stock Current Employee Former Employee Retiree Leaving HPI or HPE |
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Hewlett-Packard Alumni Association Independent volunteer organization of former HP, HP Inc, and HPE employees -- and current employees in the process of leaving. Operated by former employees who volunteer their time; not endorsed or supported by the company. Helping each other with life after HP since 2000. 28,000 members. Join the HP Alumni Association -- no charge, thanks to HPAA members. Private Benefits, Transition, and Finance online forums; technical help forum; other member services. If you were formerly a regular, direct employee of Hewlett-Packard, HP Inc, or Hewlett Packard Enterprise -- or have a defined retirement or termination date -- join.
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ASAP Checklist What to do before losing access to HPI or HPE internal systems... and in the following few weeks. (Checklist updated: April 4, 2018.) Employee stock issues: Employee Stock (Current spreadsheet is dated April 7 -- version 14 since 2004.) - Micro Focus on 2017 taxes. Hewlett Packard Enterprise (HPE) shareholders received shares in a UK company, Micro Focus International, in the September 2017 spinoff of HPE's software business. Unlike previous spinoffs, due to the unique circumstances involving a non-US corporation, HPE indicates that this transaction is taxable for US shareholders -- even if Micro Focus stock has not been sold. - At some point, you may want to sell some stock -- which could include shares in HP, HPE, Agilent, Keysight, DXC, Perspecta, and Micro Focus. The broker will use the cost basis in their records (which may be $0) to report your apparent profit to the IRS. You could pay taxes twice on the same income! - It is unlikely that all of your stock is in one place -- you or your heirs could lose some of the stock or dividends as "abandoned." A team of HP Alumni volunteers has developed a set of information, links, and spreadsheets to help you find all your Employee Stock, protect it, document it -- and not pay double tax on it. New: If you do not have employee purchase records -- or did not input your lot-and-cost information into your broker's system -- for a particular time period before 3/1/2002, you can use the current version of the HPAA spreadsheet to help estimate the average cost basis for the various spinoff shares over that period. Fastest if you start at Employee Stock and work through the steps. New: If you had HPE stock at Merrill Lynch last year, a corrected 1099-B is scheduled be available on Tues April 17. Merrill Lynch Details (Updated April 22) New: If you had HPE stock at Morgan Stanley last year, a corrected 1099-B dated 4/13 is being sent via postal mail. Morgan Stanley Details (Updated April 22) Amended return. You can file Form 1040X "...within 3 years (including extensions) after the date you filed your original return or within 2 years after the date you paid the tax, whichever is later." IRS link [When you launch TurboTax, it asks if you want to file an amended return.] LinkedIn Tips & Traps - Positions Updated February 17, 2018 -- how to get your LinkedIn profile to show the correct company for each position. The HP Way "...a uniquely dedicated culture that became a fierce competitive weapon, delivering 40 consecutive years of profitable growth." Information and links specifically for people from... Agilent Compaq Digital DXC EDS Keysight Micro Focus Tandem Unofficial information about HP: The HP Way Business lessons from HP history Books on HP About the Hewlett-Packard Alumni Association Questions or comments to: info@hpalumni.org Website updated: April 22, 2018. |
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© 2018 Hewlett-Packard Alumni Association, Inc. • By using this site you accept these terms • Operated by former employees who volunteer their time. Not endorsed or supported by the company. |
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