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Level 6
March 16, 2023
Solved

Tax on RSU

  • March 16, 2023
  • 2 replies
  • 29 views

Hi,
My client has paid foreign tax on RSU income already included in his W2. How do i claim a foreign tax credit for this?

GK

This topic has been closed for replies.
Best answer by sjrcpa

You put the dollar amount of the foreign wages/RSU income on the 1116.

Enter the foreign tax paid and fill out the rest of the 1116.

Don't count on the software to autofill it correctly. 

2 replies

sjrcpa
sjrcpaAnswer
Level 15
March 16, 2023

You put the dollar amount of the foreign wages/RSU income on the 1116.

Enter the foreign tax paid and fill out the rest of the 1116.

Don't count on the software to autofill it correctly. 

The more I know the more I don’t know.
itonewbie
Level 15
March 16, 2023

Beware of the sourcing period.

---------------------------------------------------------------------------------Still an AllStar