- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
RSU sell-to-cover same release but with different selling prices turbotax showed errors
Hi
In 2022, I didn't sell any of my RSU and they are vested quarterly with a fixed amount, say 200. The transactions I received were the transactions for sell-to-cover taxes. However, in some quarters, eTrade had same-day transactions but sold at different times with different prices.
For example
Feb 1, 2022
244 shares released
Feb 2, 2022
sold 124 @ 60.01
sold 3 @ 60.50
eTrade sold total of 127 shares to cover tax.
How should I input this to TurboTax?
I followed the steps, and
I put in the 124sh XXX stock transaction that 244 released, 124 shares to pay taxes, market price: 60.01, date: 02/01/2022.
Then,
I put in the 3sh XXX stock transaction that 244 released, 3 shares to pay taxes, market price: 60.50, date: 02/01/2022.
However, I kept getting errors of 120 of 124 has been accounted for need info for 4 shares. I don't understand why and what went wrong. I also tried to deduct the number e.g.
for the 124sh XXX stock transaction that 244 released, 124 shares to pay taxes, market price: 60.01, date: 02/01/2022.
for the 3sh XXX stock transaction that 120 released (bc 244-124), 3 shares to pay taxes, market price: 60.50, date: 02/01/2022.
However, I still got the same error.
What is the best way to handle such RSU sell-to-cover in multiple transactions?
Thanks