RSU Broker Withheld Tax

[LK004]

When my RSUs vest, the  broker withholds shares to cover the tax on the gain and has paid federal, state, social security and medicare tax.  The income from the gain is on my W2 but not the taxes paid by the broker.  The broker provides statements with details but not 1099-B.  Where in the TurboTax software do we report the taxes withheld by the broker? I don't need to calculate the capital gain, and don't need to enter the income as that is on the W2,  only need to know which field to input the already paid taxes that are on the broker statement, but are NOT on the W2.

[SantinoD · Accepted solution]

You do not report taxes paid in TurboTax from RSU's that have vested. The Federal Income Tax withheld should be reported and accounted for by your employer in Box 2 Federal Income Tax Withheld, on your W-2. So the total amount reported in Box 2 on W-2 includes the federal income tax paid with the RSU's that vested. As long as you enter that amount in TurboTax, you are getting credit for those taxes paid.

Use this link to learn more about how RSU's are reported: What are restricted stock units (RSUs) and how do I report them?