How do I enter Restricted Stock Units (RSU) sales in TurboTax Online?
Restricted Stock Units, or RSUs, are offered as compensation in the form of company stock.
When you receive RSUs, you don't actually own the shares until they vest or are available to sell—and when they do, they’re considered income. A portion of shares are withheld to pay income tax and the remaining amount goes to the employee, who can sell them at any time.
Vested RSUs are reported as ordinary income, usually in box 1 of your W-2. If you sell your shares, you’ll get a 1099-B that reports any gains or losses.
With your return open, visit the Wages and Income section and look for Investments and Savings. Have your 1099-B and W-2 handy—you’ll need them for this section.
When you enter your 1099-B, follow the screens to enter your sale info.
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