drs1414
Returning Member

Investors & landlords

I'm confused.  I probably did a poor job with wording in the asking of my question. 

As a part of vesting, the plan administrator either retains or sells shares for tax purposes.  To my knowledge when that happens the info shows up in my W2 for the year the vesting occurred.  So, in my example above, this would have been related to the 6 shares for tax purposes dealt with by the plan administrator.  Since its in my W2, I do not have to report any "sale" related to this correct b/c any sale wasn't done by me?   I can't do anything w/ RSU's anyway .. I can only transact w/ the number of shares deposited in my account from vesting.

My main question was about the 8 remaining shares b/c these are the only shares that I can do anything with.  The original 14 shares, I couldn't touch them or do anything w/ them until they vest.  So, at the end of the day, all I have access to is the 8 shares.  So if I sell the 8 shares after they vest, I don't have to report anything related to the 14 rsu's and the 06 shares for tax purposes b/c it was already reported as income on my w2 when it vested ... all I have to do is report the sale of the 8 and cost basis and sold price correct?

I apologize for my ignorance if I am misunderstanding this issue.