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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:
- Enter the 1099-B and select guide me step by step.
- To answer the questions you will need the grant information from his employer.
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‎January 24, 2020
9:54 AM