I am director of a corporation and had restricted stock that vested. I was issued 1099 NEC that contains the value of both my cash compensation received as well as the full value of the stock that vested. Upon vesting, I received shares net of taxes owed and cash payment to pay my taxes. How do I represent this on return. I have added the 1099 NEC income to my return. Is that all I need to do? Is there anything I need to do to show the netting of the shares or establish a basis in the stock?
