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Subject Author Date
RSU sell to cover and turbotax ap 03-17-2008
Posted by ap on March 17, 2008, 12:55 pm
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Hello all,
I had a tiny amount of company shares that vested each
quarter last year and then approx half of those shares were
sold by the company to take care of taxes.

This was done automatically when the shares vested.
The value of the vested shares was added to my W-2 and
the taxes withheld were also reported in my W-2.

My question: Do I need to report anything in my taxes when
I file? And if so, where? Do I need to worry about same day sales??

I'm using turbotax for my filing.

Thank you!!

Posted by Andrew on March 17, 2008, 8:26 pm
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ap wrote:
> Hello all,
> I had a tiny amount of company shares that vested each
> quarter last year and then approx half of those shares were
> sold by the company to take care of taxes.
>
> This was done automatically when the shares vested.
> The value of the vested shares was added to my W-2 and
> the taxes withheld were also reported in my W-2.
>
> My question: Do I need to report anything in my taxes when
> I file? And if so, where? Do I need to worry about same day sales??
>
> I'm using turbotax for my filing.
>
> Thank you!!

Well, it doesn't matter WHAT you're using for filing. The answer to your
question
(which I have no idea) is moot in terms of the physical method in which you
file. It's strictly a TAX question.

Saying that - you're better off asking this question in a tax forum. Try
the best one:
misc.taxes.moderated!

This NG is best for technical issues of TT, and of course, some folks here
might be qualified to answer, but you're better off in the other place.

--
-------------------------------------------------------------
Regards -

- Andrew



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