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Get your taxes done using TurboTax
The tax would be reported in box 2, 4 and 6 on your W-2 form, like they are for your wages. It if possible that just social security and Medicare taxes were withheld and that is why you don't see any income tax for the RSU sales in box 2 for your federal income tax withheld. Box 1 would include the value of the shares when they vested.
The 1099-B form may not list the correct cost basis of the shares sold, which would be the value reported in box 1 divided by the number of shares vested, times the number of shares sold during the year. If not, you would need to adjust the cost basis after you enter the Form 1099-B. You will see an option for that on the screen where you enter the cost basis in TurboTax.
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‎January 29, 2024
4:12 PM