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.

aguy123
New Member

How to classify donated RSUs?

When entering deduction information about a stock donation of value greater than $500, one is asked: 

How did you get this stock? (a) Purchase, (b) Gift, (c) Inheritance, (d) Exchange.
 
Which option should be selected if the stock is an RSU?
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
MaryK4
Employee Tax Expert

How to classify donated RSUs?

You should classify as PURCHASED.  Technically, when the RSUs vested, it was compensation income reported on your W2 (on which you pay the regular income tax)- it acted as a barter in a sense.  When you donate it to the charity, you will use this value as your basis to determine your charitable deduction.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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