FIX THE EMPLOYEE RSU CALCULATIONS!
FIX the math on the Employee Stock Transaction Worksheet!! You guys have muffed it up for the past TWO years! THERE have NEVER been any tax law changes to this section of the Schedule D calculations! COPY the whole section from the 2020 tax return and LEAVE it BE!!
1) MARKET VALUE IS what is put on the W-2. THERE is NO other calculations involved. Market value for all stock sold IS = to RSU income on the W-2! NO SUBTRACTIONS ALLOWED!!
2) NUMBER of stock NOT held (Total stock shares in transaction MINUS number still held onto at the end of the Transaction) X Sales Price = Amount paid! and that number = Cost Basis!
3) Cost Basis = Sales Price! Because ALL the income has been reported on the W-2!!
Nimrods! You can't add correctly! Market value HAS nothing to do with Basis! They are totally apples & orange!
You have messed up this program so badly I had to OVERRIDE 3 calculations for EACH sale and there was 6 sale confirmations for my client's RSUs during 2023! Absolute BS that you can't manage simple math! When it was working for 20 years before you muffed it up!
The agent helping me finally came back with "Override" the incorrect math! That answer tells me your people need a class on RSU stock sales. I'm available after JULY!!!
