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What you are describing here is a "same day" sale situation: the stock vested and some (or all) of the stock was sold on the same day.
Same day sales are extremely common when RSU's vest because the act of vesting creates "compensation", (gross number of shares vested times per-share FMV of the stock), and of course "compensation" creates the need to withhold taxes, hence some shares get sold to raise that cash. You could have elected to pay the withholding taxes out of your own pocket, in which case you'd now own 12 shares, not 8 shares.
Since you owned the stock when they vested then "you" sold the stock for the taxes.
In a same day sale situation brokers are not required to issue a 1099-B, though they may if they want, and if they don't issue a 1099-B they are required to issue a "statement" of some sort with the "1099-B" information on it.
If you don't get a 1099-B you are not required to report the sale, though you might want to report it anyway because most same day sales create a small loss due to selling commissions and fees. If you get a 1099-B or if you don't get a 1099-B but want to report the sale anyway, you'll use the "Stocks, Mutual Funds, Bonds, Other" interview available in TTPremier. TT Free Edition does not support the reporting of stock sales.
Tom Young
What you are describing here is a "same day" sale situation: the stock vested and some (or all) of the stock was sold on the same day.
Same day sales are extremely common when RSU's vest because the act of vesting creates "compensation", (gross number of shares vested times per-share FMV of the stock), and of course "compensation" creates the need to withhold taxes, hence some shares get sold to raise that cash. You could have elected to pay the withholding taxes out of your own pocket, in which case you'd now own 12 shares, not 8 shares.
Since you owned the stock when they vested then "you" sold the stock for the taxes.
In a same day sale situation brokers are not required to issue a 1099-B, though they may if they want, and if they don't issue a 1099-B they are required to issue a "statement" of some sort with the "1099-B" information on it.
If you don't get a 1099-B you are not required to report the sale, though you might want to report it anyway because most same day sales create a small loss due to selling commissions and fees. If you get a 1099-B or if you don't get a 1099-B but want to report the sale anyway, you'll use the "Stocks, Mutual Funds, Bonds, Other" interview available in TTPremier. TT Free Edition does not support the reporting of stock sales.
Tom Young
Yes, you do.There are 2 components to RSUs:
1/ The tax on getting the shares/ vested value- ordinary income/ W2 income
2/ The tax on selling the shares (sales price less vested value)- capital gain/loss
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