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Get your taxes done using TurboTax
You'll need to report the full amount of the RSU as it is received and vested on your US tax return. However, since your employer will report the earnings to your foreign country prior to vesting you will be required to pay foreign taxes on that income. Any foreign taxes paid on income also declared on your US tax return incurs a foreign tax credit.
To enter the foreign tax credit into TurboTax go to the 'Deductions and Credits' section and scroll down to 'Estimates and Other Taxes Paid'. Click on start next to 'Foreign Taxes' and enter the information there.
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‎February 7, 2024
1:12 PM