khetank
Returning Member

RSU sold to pay for taxes are showing for capital gain

Hi,

 

I had 3 transactions in 2024 where part of my vested RSU stocks were sold to pay Federal and State tax by my employer / Etrade. All these sell transactions happened before or on the same date the RSU were vested in my account. As per my understanding these sell transactions should not be considered as capital gain. However turbox tax is considering them as capital gain and calculating taxes that I need to pay for the capital gain.

 

Can you help and clarify

 

KV