- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Quick Question - RSU Sales 1099-B
Hello All,
I received a 1099-B for one restricted stock unit from an employer that was vested and simultaneously sold. This was identified as "short-term realized gain for which basis is not reported to IRS." When I enter into TurboTax, I eventually I arrive at the page/prompt titled, "Let's get some purchase info about this RSU sale" and am asked to report, "Shares withheld (traded) to pay taxes." I tried leaving this blank but Turbo will not allow me to file my taxes without it having a value under the final review process. I tried putting 0 since my 1099-B said 0 federal taxes were withheld but Turbo gives me an error saying the value must be greater than 0.
I have a W-2 from the employer who granted the RSU in which Box 14 "Other" shows the fair market value of the RSU and says RSU next to the dollar amount.
Should I be putting a 1 in the "Shares withheld (traded) to pay taxes" box? If not, how do I properly enter this in Turbo? Thanks in advance for all of your time and assistance!