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Taxed twice on RSU
I received vested RSUs twice in 2024. For both times, I selected sell to cover taxes on vesting day and some shares were sold to cover the taxes. I received a 1099-B for these transactions. However, it seems like TurboTax is taxing me again on the total RSU amount from my W-2 box 14 as income even though I have not sell most of the vested RSU. My taxes owed went up substantially (over $20K) after inputting my W-2 information. Is this expected or am I missing something?
‎April 8, 2025
12:25 AM