Did reporting of RSU change for 2023 TY?

Forum|Forum|2 years ago
February 21, 2024
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I've seen past posts of reporting RSU's and have no issues in the past. For the 2023 tax year, I don't see the easy step displays of reporting RSU grant details which allows for the reporting of shares withheld for taxes. I also had to go into the form itself to correct for the adjusted basis. Did something change in the program?

TurboTax Premier Online

Best answer by ThomasM125

When you enter your investment sales in TurboTax you will see an option to indicate that you sold employee stock:

Later in that section you will see an option to calculate your basis for shares sold:

Maybe you answered one of the questions wrong so you didn't see that screen.

ThomasM125Answer

When you enter your investment sales in TurboTax you will see an option to indicate that you sold employee stock:

Later in that section you will see an option to calculate your basis for shares sold:

Maybe you answered one of the questions wrong so you didn't see that screen.

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derbrentAuthor

Thanks for the information. I had actually answered yes to the employer stock question and got the message about calculating basis in a later screen which would appear when you click on a new “ needs review” message in the income list. That message didn’t appear. So I clicked on “update” anyway but never got the last screen of your message. Because I used the form at that point to insert the correct basis and my return passes the error test, I think I’m ok. But I’ll play around with it some more to see if I can get that screen to come up

derbrentAuthor

Just to be clear. The employer stock question shows up when you click done after importing the 1099b. But the promised RSU detail screen does not show up in investment income