RSU sold to cover taxes

[MariaR747]

I read many posts about RSU topic. Some people reported similar issues to mine, but I am not getting a clear resolution.    My first portion of RSUs vested in 2022 and my employer sold about  30% of them to cover taxes.   I received a report from the broker showing number of shares sold for taxes but I did not get 1099-B.   The amount for total number of shares is included in my income (box 1 on W-2), but the amount for shares sold to cover taxes is not included on my W-2 tax withholding.   As a result, either my compensation is higher than it was OR I am paying taxes twice on my RSUs.   I contacted my employer but they were not helpful.   Please advise.

[ThomasM125]

It is possible that the taxes paid were just social security and Medicare taxes, not income taxes. So, they would be reported in boxes 4 and 6 on your W-2 form with nothing in box 2 (federal tax witheld.) If so, you are not getting double taxed, as the income associated with the stock vesting is reported once in box 1 on your W-2 form. You may have just not had any income taxes paid in to cover the tax on the income from vesting.

[MariaR747]

Thank you for your response, but I don't think it is the case.  FICA taxes are about 7% and the amount "withheld" but not reported is over 30%.

[ThomasM125]

After the taxes are withheld, they need to be paid in to the government and reported on a form. If they weren't reported on your W-2 form the only other likely form they would be reported on would be a 1099-B form, which may have been generated reporting the stock sale. The 1099-B form would likely be issued from a brokerage account. You need to ask your employer who that would be and then contact them for a copy of the 1099-B form.