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Box 14 on W2 - RSU Question

I have an amount in box 14 on my W2 for RSU (restricted stock units).

 

I received a 1099-B for the RSU (the company sold some off to pay for taxes).

This was not a sale of stock from my end. I have already filled out the 1099-B.

 

Is this amount in box 14 a deduction or something that I should input elsewhere on my return, or is it just informational from my employer?

 

I have researched this and got mixed answers. 

 

Thanks

 

 

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1 Reply
DavidD66
Expert Alumni

Box 14 on W2 - RSU Question

Box 14 is used by employers for informational purposes (with a few exceptions like Rail Road Retirement).  More than likely, the amount in your Box 14 is the amount of income that your employer added to box 1 of your W-2 for the RSUs that vested.   You cost basis in your RSUs is the value on the date they vested, which is also the amount that your employer should have added to box 1 of your W-2.  If you didn't, you might need to adjust the cost basis on your 1099-B to reflect the amount added to income.  The cost basis on Forms 1099-B for RSU sales is almost always incorrect (or missing).  

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