Background:
I have 3 RSU vested, 2 are sold to cover taxes, 1 remains unsold in the brokerage.
All 3 are reported to IRS in my W2 income.
The brokerage does not report short term sale or cost-basis to IRS.
Situation
When entering in TurboTax Premier through step by step it appears it is calculating as if I sold my 3rd share in addition to the 2 (covered for taxes). This results in an incorrect cost basis and reporting 1 RSU as additional income on top of what is reported in my W2. I've gone through the step by step many times and I can only think TurboTax assumes my 3rd share is sold and is messing up the cost-basis or there's no where to adjust my cost-basis equal to the number of shares sold to cover taxes (2) as it keeps using 1 share as the cost-basis.
Shouldn't the investment income section show $0 income from stock sales?
Otherwise it appears I'm being double-taxed.
Schedule D Cost Basis: Proceeds is correct, but cost-basis is incorrect (half of proceeds).
The ESP Comp Wks: correctly filled out and checked "included in W2"
Emp Stock Wks: RSU shows 3 shares vested in #25(b) , 2 shares withheld in #25(g); #29 shows I sold 1 share.
This is the strange worksheet where if I change #25(b) to 2 shares vested, I get taxed even more (0 sold in #29), if I change to 4 vested it's changed to 2 shares sold in #29 (which looks right overall, but the 4 shares is wrong).
1099-B Wks: The Cost-Basis is again the wrong value here and guessing it's influencing the above. No how I change the step-by-step the cost-basis is always off and I'm inputting my 1099-B as it is reported.
Any suggestions? TIA.
