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Level 3
March 19, 2023
Solved

Where do I enter the adjusted cost for RSU's sold during the year?

  • March 19, 2023
  • 3 replies
  • 13 views
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Best answer by itonewbie

The reporting for disposition of RSU is no different from how you'd report the sale of securities your client purchased from the markets.

That's why Phoebe says you'd just enter the amount under cost or other basis.

3 replies

itonewbie
Level 15
March 19, 2023

What would you like to adjust?  Basis is the FMV reported at vesting on the W-2.

---------------------------------------------------------------------------------Still an AllStar
bernie10Author
Level 3
March 20, 2023

I agree.  I have an Fidelity 1099 that shows proceeds for RSU's and "0" in the cost column (basis not reported to IRS.  I then have a Supplemental Statement (not reported to the IRS) that shows the adjusted cost.  The question remains where to report the adjusted cost.

PhoebeRoberts
Intuit Community Champion
March 20, 2023

Cost or other basis goes in the column headed cost or other basis.

George4Tacks
Level 15
March 20, 2023