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Level 2
Mar 13, 2022 3:35 AM UTC
Question

RSU Reporting

Client's W2 Box 14 shows RSU $2,430,700.
His total W2 income $3,008,685.
Federal tax w/h $903,903.

He sold $1,080,831 of his RSU with a cost basis of $1,150,845. I included this info on Schedule D.

But I can't figure out how to code the RSU in Box 14. And will the correct coding affect his current tax liability? As I understand it, it is only informational.

Thank you.

 

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1 reply

sjrcpa
Level 15
Mar 13, 2022 3:39 PM UTC

Bos 14 is informational. I would not worry about it.

The more I know the more I don’t know.