Featured

How Do I Enter Restricted Stock Unit (RSU) Sales in TurboTax? - TurboTax Support Video



Published
https://turbotax.intuit.com Restricted Stock Units, or RSUs, are offered as compensation in the form of company stock. Learn how to enter yours in TurboTax, along with your W-2 or 1099-B forms.

TurboTax Home: https://turbotax.intuit.com
TurboTax Support: https://ttlc.intuit.com/
TurboTax Blog: https://blog.turbotax.intuit.com

TurboTax Twitter: https://twitter.com/turbotax
TurboTax Facebook: https://www.facebook.com/TurboTax
TurboTax Instagram: https://www.instagram.com/turbotax/
TurboTax Pinterest: https://www.pinterest.com/turbotax/
TurboTax Tumblr: http://turbotax.tumblr.com/

~Video Transcript ~

Title : How Do I Enter Restricted Stock Unit (RSU) Sales in TurboTax? - TurboTax Support Video

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, search for 1099-B and select the Jump to link. 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. For more answers to your questions, visit turbotax.com/support
Category
Job
Be the first to comment