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#1
01-30-2005, 11:21 PM
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 Re: Reporting vested Restricted Stock Units Thanks a bunch Rich! << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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01-24-2005, 08:42 PM
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| Re: Reporting vested Restricted Stock Units jimnl69[at]hotmail.com writes: - quote - > I vested in some restricted stock units this year. Taxes
Your employer should have lumped the value of the> were withheld already by withholding some of the units. The > taxes paid were listed as Federal, FICA 1, and FICA 2. I'm > having a hard time trying to figure out where to put this on > my taxes. just-vested stock in Box 1 of your W-2. Likewise, the withheld taxes should be lumped into the taxes withheld boxes on your W-2. - quote - > report the sale, do I have a cost basis of the vested market
Your basis in the stock is the income realized on vesting.> value since I already paid taxes on that amount? Thanks! -- Rich Carreiro rlcarr[at]animato.arlington.ma.us << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#-1
01-24-2005, 05:26 AM
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| Reporting vested Restricted Stock Units I vested in some restricted stock units this year. Taxes were withheld already by withholding some of the units. The taxes paid were listed as Federal, FICA 1, and FICA 2. I'm having a hard time trying to figure out where to put this on my taxes. I also sold these shares so need to report that as well. So, my questions are: Where do I report the taxable gain and taxes already paid for vesting in these restricted stock units and secondly, do I report the sale on a normal Schedule D? I guess a third question: When I do report the sale, do I have a cost basis of the vested market value since I already paid taxes on that amount? Thanks! Jim << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
| Tags |
| reporting, restricted, stock, units, vested |
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