turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Under 1099 B selling stock i sold some PSU performance stock units the drop down menu does not give me that option to choose type of investment - what do i classify it

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies

Under 1099 B selling stock i sold some PSU performance stock units the drop down menu does not give me that option to choose type of investment - what do i classify it

A PSU is just a variation of an RSU grant so you could use the RSU guided interview.

 

I generally discourage the use of the guided interviews since it's easy to make mistakes in those.

 

The best approach is to use the plain-vanilla "stock" interview, enter the 1099-B exactly as it reads, wrong basis and all, then use TurboTax's interview to adjust the reported basis to the correct basis.

Under 1099 B selling stock i sold some PSU performance stock units the drop down menu does not give me that option to choose type of investment - what do i classify it

Where is the plain vanilla "stock" interview?

 

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question