Investors & landlords

I don't think there's any way to combine the two if you use the RSU step by step interview.

The good thing is that there's really no "income tax reporting" need to use the RSU step by step process.  About the only justification for using that interview is

  1. You have no clue about what the basis of the stock is but you can look up its closing price on the day the RSU vested or, more importantly
  2. The compensation that should have been reported on the W-2 as a result of the vesting wasn't.

So here's what to do.  Assuming you got through the RSU step by step successfully you know the basis of the stock you sold.  Write that down.

Delete the trade.

Enter it again on the default "1099-B" entry form just exactly like it reads on the 1099-B, wrong basis (I'm guessing) and all.  Click on the "I'll enter additional info on my own" blue button.  On the next page enter the correct basis in the "Corrected cost basis" box. Enter the wash sale loss in the wash sale box.

You are done.

Tom Young


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