1099-B, Tax already withheld

I got a 1099-B from my company related to a stock award that vested in 2018. It shows an amount under "Proceeds" (1.d) which is a post-tax amount since taxes were already withheld. Do i need to enter this info? It feels like I am being taxed twice.

posted

Yes, you need to enter it and due to be already included on W-2 there will be a small amount of income or deduction based on the broker fees.

Please look at this link:

https://turbotax.intuit.com/tax-tips/investments-and-taxes/non-qualified-stock-options/L8zsxRi7B

If I held a stock that went bankrupt and worthless in my IRA (or Rollover IRA), can I deduct it from my taxes? If so, can I do it same year as bankruptcy or once I’m at withdrawal age (59 1/2)?

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