Restricted Stock Vest

[Icebreaker250]

I am director of a corporation and had restricted stock that vested.  I was issued 1099 NEC that contains the value of both my cash compensation received as well as the full value of the stock that vested.  Upon vesting, I received shares net of taxes owed and cash payment to pay my taxes.  How do I represent this on return.  I have added the 1099 NEC  income to my return.  Is that all I need to do?  Is there anything I need to do to show the netting of the shares or establish a basis in the stock?  

[DavidD66]

The company should provide you with a detail of the transaction.  Your basis in the stock is the value on the date the stock vested.  It's the same value used (on a per share basis) for your 1099-NEC.  It sounds like instead of having shares issued to you and sold to pay taxes, they withheld shares and gave you the value in cash to pay your taxes.  If that's the case, you won't have to report the sale of the stock.  If they issued the stock to you, and it was sold in your brokerage account you would have received a Form 1099-B and need to report the sale.  But based on your brief description, it sounds like all you need to do is report the 1099-NEC.