Skip to main content
TurboTax
Community
TurboTax
Community
TurboTax
Community
G
geomcvicar
March 9, 2020
Question

I have my 1st RSU sale and I am planning on e-filing. What additional documentation is required to be sent to the IRS and where do I send it?

  • March 9, 2020
  • 1 reply
  • 0 views
No text available

1 reply

M
MayaD
March 9, 2020

You don't need to send any additional documentation to the IRS.

When your shares vest your employer calculates an amount of compensation for those shares, and reports that in Box 1 of the W-2, so you're going to pay taxes on that compensation.

You need to enter form 1099-B to report the sale of the shares and put in the cost basis so you are not taxed on the sale of the shares twice. 

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"
TurboTax Sign In Widget
TurboTax flag icon

Unlock tailored help options in your account

Create an account
TurboTax Expert Assist
TurboTax Expert

Get answers to all your tax questions

Our experts are available on-demand, no appointment needed. Get help all year long with TurboTax Expert Assist.

Terms & ConditionsAccessibility statement
Intuit
TurboTax Credit Karma QuickBooks MailChimp

©1997-2022 Intuit, Inc. All rights reserved.
Intuit, QuickBooks, QB, TurboTax, ProConnect, and Mint are registered trademarks
of Intuit Inc. Terms and conditions, features, support, pricing, and service options
subject to change without notice.

Security Certification of the TurboTax Online application has been performed by
C-Level Security.

By accessing and using this page you agree to the Terms of Use.

Accessibility

TRUSTe nResult Certified e-File C-Level Security Certification