RSU's

Forum|Forum|2 years ago
April 11, 2024
1 reply
0 views

Not all of my RSU sales in 2023 are on my 1099B. The sales in question were sold at a loss and they show up in box 14 on my W-2.

DavidD66

Were the RSUs reported in Box 14 ever converted to stock by the company? It sounds like those RSUs in Box 14 were withheld to pay taxes on an RSU award when it vested. Restricted Stock Units (RSUs) aren't actually stock, they are "units" that represent shares of stock. When they vest, the value of the entire vesting lot is taxable income, just as if you had received a cash bonus. And just like a cash bonus, taxes have to be withheld. To pay the tax the company will sometimes withhold a portion of the RSUs equal to the amount of tax withholding. Other times shares of stock that were issued when the RSUs vested will be sold. The former is not reported on a 1099-B because no stock is actually sold. The later almost always involves a broker and is reported on a 1099-B. But the only way to really know what happened is for you to contact someone at your company to find out for sure.

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

Kim C1Author

I sold RSU's 3 times last year but only 2 sales show up on 1099B. I also had some withheld for taxes. Cost basis is on 1099B but I can't reconcile with statement so not sure what that amount stands for. Amount in Box 14 on W-2 is much different than on 1099B.