RSU - Smart Check Error - Form 1099B - Line 25

[Dsjr]

I had RSUs that vested and were distributed to me. I imported Form 1099 from Fidelity. Smart Check Error keeps telling me "Employer Worksheet:  Line 25, Column (b) should be entered." There is already an entry on Line 25, column B for my one and only RSU. That information is correct, but they want me to fill in something in the 2nd row even though I only sold 1 unit. I tried putting a zero in row 2 but this didn't work either. 

I tried something else - instead of importing from Fidelity, I input the information myself, but the same thing occurred. It makes no sense.

Can someone please advise me on how to get this fixed? Is there a way to bypass Smart Check Error to file my taxes?

Thank you!

[#2]

I had RSUs that vested and were distributed to me. I imported Form 1099 from Fidelity. Smart Check Error keeps telling me "Employer Worksheet:  Line 25, Column (b) should be entered." There is already an entry on Line 25, column B for my one and only RSU. That information is correct, but they want me to fill in something in the 2nd row even though I only sold 1 unit. I tried putting a zero in row 2 but this didn't work either. 

I tried something else - instead of importing from Fidelity, I input the information myself, but the same thing occurred. It makes no sense.

Can someone please advise me on how to get this fixed? Is there a way to bypass Smart Check Error to file my taxes?

Thank you!

[Anonymous]

I have the exact same issue! Can someone please answer this clearly worded and excellent question?!??

[Dsjr]

I finally solved my problem. On line 25, row 1, column G, it was initially showing up that 1 share was withheld. I'm not sure how that got there or if I did it by mistake. I changed it to 0 which is what it should have been, and that seemed to solve my problem. 

Hopefully that helps you.

[Anonymous]

Thanks for the reply.  We solved the problem as well, and it was caused by a similar reason.  Each time we exercised our RSUs (once a quarter), two transactions occurred.  One set of stocks were traded "for tax purposes" and another set for cash which we actually received.  So when filling out the survey, we used the total of both, and marked the first set as "withheld".  That was bad.

While those WERE withheld, they had already been accounted for in the W2.  They were relevant only for the (very short) period between vesting and trading.  It's the gain/loss of that time period that we're entering, so the solution was just to treat all transaction as standard 1099-B entries with no withholding.

The error we experienced didn't lead us in that direction at all, so hopefully if you found this via google it was helpful.

[babooshka]

I had this exact same issue, except I had 1 share vest which was sold to cover taxes (part of two total grant vests so this 1 share was immediately sold). The question in the flow says 'shares sold to cover taxes' so I put 1. When I changed this to zero, the error went away and I made sure that there was a 0 gain on the sale. So all good in the end, but definitely a confusing question. Putting this here in case anyone else runs into this issue. Also, thanks for having the exact same problem 🙂