How to enter cost basis for foreign currency RSU sale?

aesdev421 · ‎April 2, 2022

I have RSUs which vested and a "sell to cover" was executed. TurboTax is walking me through the steps to calculate cost basis.

The "market price on vesting date" is listed in AUD on my broker's website. Do I need to convert this to USD before entering it into TurboTax and if so how?

DaveF1006 · ‎April 4, 2022

Yes, you will need to report this basis as US dollars. The second part of your question is not quite clear to me. Are you asking how to convert the country's currency to USD? There are a number of websites that does this. Here is one I found that might be useful. Here is another. You might compare both and see if you get similar results.

@aesdev421

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