My employer has included an RSU grant on my W-2 in box 14 (code "RS") and I can see this was also included in box 1. I've also received a 1099-B from my brokerage describing stock sales over the RSU vesting schedule to cover the RSU cost at each vest. The proceeds from these sales are being treated as realized income on the 1099-B and taxed as short-term cap gains. According to the 1099-B, no taxes were withheld for these sales.
I've input all of the compensation info from my W-2 (including the value of the RSUs) as well as the proceeds from the 1099-B into the TurboTax software and the amount I own went up dramatically. I'd like to confirm this was correct and that I did not input the information incorrectly/redundantly resulting in the software taxing that amount twice.
Thank you.
