GeorgeM777
Expert Alumni

Get your taxes done using TurboTax

Example 1 - Not sure why your return reflects that 9 shares were sold given that you did not sell them.  In TurboTax desktop, the RSU results page should reflect the shares sold to cover taxes and may also reflect that amount as compensation income.  Compensation income should already be included in Box 1 on your W-2.  Do you know if the shares that were sold to cover taxes were sold at a gain or loss?  Generally, same day sales are effected at the same price as the share price of the vested RSUs, so there is no gain or loss to report.  However, there could be a small loss to report if commissions were charged on the sale.  If you have such a loss because of the commissions, you could report such loss as a "plain vanilla" stock loss.  In other words, just enter as you would a regular stock sale without going through the RSU pages.

 

Example 2 - Because there was no gain or loss on the sale of the shares to cover the taxes, the market price for that sale must have been equal to the market price for the vested RSUs.  

 

Example 3 - You are correct in that the value of all vested shares, (which includes the shares that were sold to cover) should already be included on your W-2.  In other words, there is no need to enter this income twice.   If there was a gain on the sale of the one share, it is likely because when your firm sold that one share, the market price was greater than the market price for the vested RSU.  

 

@wznesh6a

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