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Get your taxes done using TurboTax
You nearly always have to adjust the Cost Basis on RSU sales on your 1099-B entry. Brokers are only required to report your "out of pocket" basis. For an RSU that's $0.
The problem may be that you are using the WRONG BASIS to report the sale. That's why you are getting a "double income" effect. This may also be the issue with your AMT Capital Gains.
Click this link for more info on Adjusting Cost Basis for Employee Stock Sales.
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‎February 28, 2022
3:12 PM
631 Views