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Code v in box 12c on w2 and 1099B gain/loss and impact on taxable income
In box 12c, I have code V dollars that represent the value of my vested RSU's (of which taxes were taken out). I also received a 1099-B that is reporting the sales of the RSU's, and includes a large gain (roughly equal to the number in box 12c, code V). When I enter the 1099-B data, my taxes increase significantly, although I know I have been taxed on the RSU's, and this was included in my reported income on my W2. Help!
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‎June 5, 2019
10:32 PM