Get your taxes done using TurboTax

Your box 11 is an issue with the mix so I think the easiest solution is to break your w2 in to 2 forms. Follow these steps:

1. For the w2 that you have entered:
   1. Reduce box 1 wages by $1
   2. Remove the RSU value from box 11. leaving only the amount of actual distribution
   3. When TurboTax asks Did you take money out?, select yes
   4. Enter the same amount
2. Create a new w2:
   1. Enter wage of $1
   2. You may need to enter 0 for boxes 2-5
   3. Box 11 enter the RSU value
   4. When TurboTax asks about taking money out, select No

Important notes:

• The RSU shares deducted to pay FICA - keep track of that value and be sure to include it in the cost basis of the remaining shares.
• The IRS totals your w2 income which works perfectly with what is done here. 
• 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.