backwardentropy
Returning Member

Cash & Stock Settled RSUs for company acquisition

Hi, 

My company got acquired in 2020, and the vested RSUs that I had got converted to a combination of stock and cash per terms of the merger.  In 2020 tax return, I paid the ordinary income taxes on settled total, as they were all reported on my 2020 W-2. 

 

I sold the stock in 2021, with capital gains. The form 1099-B from the broker correctly reports the cost basis for the stock (the price at the closing date), but there is nothing in it that reflects that these were RSUs.  I am trying to figure out how to enter this transaction into Turbotax but the questions that are being asked by Turbotax regarding RSUs don't seem to consider my situation.  I would much appreciate any help.

Thanks!  

Thanks!