Menu     Search

    ASAP     What's New?     Join     Benefits     Career     Company     Contacts     Finances

    Hot Topics     Stock     Current Employee     Former Employee     Retiree     Leaving HPI or HPE

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.

Current hot topics  Page updated often -- use browser refresh button to display latest version.

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. (Note that current spreadsheet is dated April 7 -- version 14 since 2004.)

New: If you had HPE stock at Merrill Lynch last year, a corrected 1099-B is scheduled be available on Tues April 17. Details: Merrill Lynch Details

New: If you had HPE stock at Morgan Stanley last year, a corrected 1099-B dated 4/13 is being sent via postal mail. Details: Morgan Stanley Details

Extension of time to file. "April 17 is the deadline for most taxpayers to file an extension and to pay taxes owed to avoid penalty and interest charges. If you file for an extension, your return is due October 15, 2018. ...an extension of time to file your return does not grant you any extension of time to pay your taxes." IRS link  (You can file for an extension with a paper form or using TurboTax.)

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 17, 2018.

 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.