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Should stocks to sell to cover stock withholdings has to be reported to IRS?
I had 40 units vested last year. 12 units were sold to cover tax withholdings. I still keep my 28 units unsold. This year, do I need to report this 12 units which was sold to cover taxes to IRS? It was not an actual income but in my consolidated 1099, it shows as Realized capital gain so I am confused. What if I do or do not file this?
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‎February 17, 2024
12:46 PM