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Level 2
April 14, 2026
Question

IL 1040 question "Sold any Employer Securities"

  • April 14, 2026
  • 1 reply
  • 4 views

For the Illinois tax return, for the Turbo Tax question "In 2025 did you sell stock received from your employer's qualified pension, profit-sharing, or stock bonus plan at a gain" do RSU's count as the stock bonus plan?  It gives an exception of stock acquired thru an employee stock option or stock purchase plan (ESPP).  But RSU's aren't options or ESPP's so am thinking I need to answer Yes if I sold previously vested RSU's at a gain.  Can you please advise?

    1 reply

    Mike9241
    Level 15
    Level 15
    April 14, 2026

    a stock bonus plan is a type of retirement plan. RSUs are not a form of retirement plan. They are not eligible for the adjustment. 

     

    Mike