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Entering RSU "in-lieu" payment
I believe it's called that. Using Turbotax Premeir. Goes roughly like this:
156 RSUs vested. Calculation of the amount for taxes shows $ x required to be deducted for taxes, which works out as 63.69 shares. Company deducts 64 shares for taxes, then pays out to me in cash the .31 shares difference. The .31 shares shows on my 1099B but not on the "statement from employer" so I'm not sure how to fill in the "Vesting or Release" screen in TurboTax.
March 2, 2021
8:08 AM