- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
You are using the "RSU" "Guide me" process to enter your sales. DON'T do that. There's absolutely NO "income tax reporting" reason to do so.
DO YOU know what the correct per-share basis is for the 7 stocks that vested?
If you do, then delete those trades those two trades; don't attempt to "edit" them, delete them. The enter to two trades exactly as I've described above. If the two sales were "same day" sales then the most common outcome for a same day sale is a small loss due to selling commissions and fees. If you happened to sell the shares for less than the "per share fair market value" then you'd expect a slightly larger loss. If you happened to sell the shares for more than the "per share fair market value" then you might even have a slight gain.
DO YOU know what the correct per-share basis is for the 7 stocks that vested?
If you do, then delete those trades those two trades; don't attempt to "edit" them, delete them. The enter to two trades exactly as I've described above. If the two sales were "same day" sales then the most common outcome for a same day sale is a small loss due to selling commissions and fees. If you happened to sell the shares for less than the "per share fair market value" then you'd expect a slightly larger loss. If you happened to sell the shares for more than the "per share fair market value" then you might even have a slight gain.
‎June 3, 2019
10:45 AM