turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

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

My W2 RSU amount is higher than 1099B total proceeds.Seems like on W2 they're also reporting vested RSUs that I haven't sold yet. Is that how it should be?

 
Connect with an expert
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 Best answer

Accepted Solutions
TomD8
Level 15

My W2 RSU amount is higher than 1099B total proceeds.Seems like on W2 they're also reporting vested RSUs that I haven't sold yet. Is that how it should be?

The amount on your W-2 is the value of the RSU's at vesting (when you gained ownership).  You receive a 1099-B when you sell the shares, so the proceeds on your 1099-B could be higher or lower than the amount on your W-2, depending on how many of the shares you sold and the selling price.

**Answers are correct to the best of my ability but do not constitute tax or legal advice.

View solution in original post

1 Reply
TomD8
Level 15

My W2 RSU amount is higher than 1099B total proceeds.Seems like on W2 they're also reporting vested RSUs that I haven't sold yet. Is that how it should be?

The amount on your W-2 is the value of the RSU's at vesting (when you gained ownership).  You receive a 1099-B when you sell the shares, so the proceeds on your 1099-B could be higher or lower than the amount on your W-2, depending on how many of the shares you sold and the selling price.

**Answers are correct to the best of my ability but do not constitute tax or legal advice.
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies