Thanks for the info about entering the adjusted cost basis.
For anyone doing RSUs for your 2023 taxes where your company paid taxes as ordinary income when you received the shares and your reported cost basis is showing as $0. The Turbotax interface is a bit confusing, but I think I figured it out:
- Connect your trading account or enter your 1099-B sale info.
- If you imported it, you'll likely need to set the "type of investment" select box to RSU.
- Box 1e will be $0 (what's shown on your 1099-B)
- Check the box for "The cost basis is incorrect or missing on my 1099-B"
- When you go to save this sales data, Turbotax will ask you for your adjusted cost basis and you can enter the number from your supplementary info there.
You'll need to do this for every RSU sale.
