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koheitung
March 24, 2023
Question

RSU Sell to Cover

  • March 24, 2023
  • 1 reply
  • 0 views

Hi,

 

I have vested RSU from my company and my company has used 'sell-to-cover' method to withhold taxes for me. Will this amount be reflected on my W2? 

    1 reply

    M
    mglauner
    March 24, 2023

    Yes, the RSU shares sold to cover taxes will be included as income on your W-2.  Keep records of the Fair Market Value of the vested stock to be able to enter the correct Cost Basis when the shares are sold. 

     

    Here's more info on RSU Vesting.

     

    @koheitung 

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