- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
The amount in box 14 should already be included with your box 1 wages.
Box 14 has some state specific information that gets carried but for RSU - it is just other information. It does not affect your tax return in this location. It has a great impact and must be added to the basis of your stock.
I want to urge you to create a financial notebook that is kept separate from your tax return. Keep it safe and each year, add your year-end statements from all your financial accounts plus a copy of your W2’s, your carryover information, and proof of your basis in your various investments. You must keep tax records from the time you purchase until sold/ loss used plus 3 years. It is very easy to lose track of disallowed losses, carryforwards, and basis.
This can be a digital or paper notebook.
**Mark the post that answers your question by clicking on "Mark as Best Answer"