MarilynG1
Expert Alumni

Get your taxes done using TurboTax

You will need to calculate and enter the Cost Basis for each sale of RSU stock manually.  Fidelity doesn't know what was added to your W-2 as income for the discount when the shares were exercised.  

 

Take the amount taxed on your W-2 and divide by number of shares exercised, and add that amount to the Exercise Price per share to arrive at the correct Cost Basis.  You may want to enter this as a one-line summary manually, indicating a regular stock sale (not employee stock) and checking the box, 'cost basis is incorrect or missing'.

 

Here's more more info on RSU's and Taxes and How to Enter a Summary in Lieu of Individual Transactions.

 

@hybridtaxguy 

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