rsu grant - w2

Forum|Forum|4 years ago
February 19, 2022
1 reply
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My companys stock vested in sep 2021 and tax was already withhold by granting me less stocks. I was told that , it will be shown in w2 box14 , but nothing is showing up. I can confirm that fidelity did withhold and vested remaining stocks. How should i proceed in this case?

Best answer by RaifH

Box 14 is not standardized and does not require your employer to report specific information. Reporting RSUs here is common but not required. It is possible that the additional wages and taxes withheld are reported on your W-2 as they should be without an amount appearing in Box 14. If you are not sure if the RSUs are included in your wages or if the taxes being withheld are reported, you can check with the issuer of your W-2. You can also compare the wages and taxes withheld to a recent pay stub or see if you received a pay stub on the date that your RSUs vested.

RaifHAnswer

Level 10

santhosh1987Author

Level 4

I can see the federal tax withold a increase of 2500 + in next pay statement after rsu got vested. so its defintely a withhold . In turbo tax should i report this or just add the gain i made on vested amount? if so, should it be under wages/income "Stocks, Cryptocurrency, Mutual Funds, Bonds, Other" ?

Thank you very much for you response.

santhosh1987Author

Level 4

Also my capital loss for this year in stocks/options are -13k , when i added the RSU's vested (6.5K). It shows capital loss as ( -6.5K) instead of -13k. RSU's are showing as gain. Is that correct?