40089
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Attend our Ask the Experts event about Tax Law Changes - One Big Beautiful Bill on Aug 6! >> RSVP NOW!
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

I have a RSU grant of 100 shares that vested. 42 were sold by the broker immediately to cover for taxes, and I sold the rest 58 on same year.How do i report in tax filing

I have got 1099 from etrade and it did not have any sign of 100 shares sold for taxes. How do we report this in tax filing

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply

I have a RSU grant of 100 shares that vested. 42 were sold by the broker immediately to cover for taxes, and I sold the rest 58 on same year.How do i report in tax filing

"I have got 1099 from etrade and it did not have any sign of 100 shares sold for taxes. How do we report this in tax filing"

I assume that number of shares figure should have been "42".

If the sale of shares "for taxes" was not reported on the 1099-B that you received then you have to reporting obligation.  Cash raised from shares sold "for taxes" is passed back to the employer, who pays the government, and includes that amount it the various "withholding" boxes on the W-2. 

It seems to vary how shares sold "for taxes" are reported on the 1099-B; in some cases they are and in some cases they aren't.

Tom Young


Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question