RSU vs TSRU?

5 replies
57 views

In 2022, I sold a combination of RSU stocks and TSRU stocks. There is not an option for TSRU under the "did I sell company stock?" question. Do I treat the TSRU portion of the sales as an RSU?

TurboTax Home & Biz Windows

DaveF1006

Alumni - Intuit

To clarify, were the TSRU stocks employee stocks?

**Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"

NS371

Level 2

Hello Dave,

Yes they were. The company went from issuing RSU's to issuing TSRU's. They still had a vesting period on them, they still took out the taxes upon settling, then issued the equivalent value of company stock into our saving plan.

GeorgeM777

Alumni - Intuit

It may be that you can report the TRSUs the same way you would report a restricted stock unit. However, you mentioned that your company deposited your stock into a "saving plan." Was that plan a type of retirement plan? We need some additional information about the nature of your company's saving plan because that information may influence the way in which the income needs to be reported.

Also, we assume that the "T" in RSU means Trustee, but if it means something else please provide that information.

@NS371

**Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"