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Investors & landlords
The IRS changed the way things are reported last year. It used to be all of your information in one place on your W2 when you sold. Now, you must be careful and keep your current W2 until you have sold the stock.
I recommend that you make a financial folder that is not a part of your tax records.In that folder, you need to keep the tax year, shares of stock and the basis reported in box 14. Do this each year. When you sell the stock, you will need this information to go back and create the basis.It is good to keep year end statements for all your financial accounts in this folder.
The broker may or may not, have the correct basis. Your company may share your box 14 information with the broker, always, sometimes or never. You must know the basis.
You will receive a form 1099-B when you sell the shares. You can adjust the basis when you enter the form in TurboTax, since it will probably not be correct from the broker.
Here is an article on sale of restricted stock units:
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