RobertG
Expert Alumni

Investors & landlords

That information will not be on your 2018 return.

 

RSUs are taxed when they vest. Income is reported on the W-2 and shares are withheld to cover the tax on the shares. Nothing else is reported on the tax return until the shares are sold.

 

A 1099-B is issued when the shares are sold. The basis of the shares is the market rate of the shares at the time of vesting that was reported as income on the W-2. When the sale is reported there will be a capital gain or loss. If sold the same day they vest, there will be a small capital loss due to the sales fee.

 

To report the sale in TurboTax:

  1. Enter the 1099-B and select guide me step by step.
  2. To answer the questions you will need the grant information from his employer.

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"