Rsu stock offset
My w-2 shows that restricted stock- taxable has been included in my income. My w-2 also shows that there are deductions for restricted stock-taxable offset and tax offset. I have a confirmation of release from the stock trade. How do I file this on the 8949 form now required by the IRS so I don't pay addtional tax? At the time that these RSUs are received by the taxpayer, part of them are actually sold to offset the tax withholdings, and some tax withholdings are paid using the proceeds. In states like California, where there is a state tax on earned income, part of the shares is sold for federal withholdings and part is sold as state withholdings Well, I figured it out. The taxes are already included in the federal and state withholding amounts. I still don't understand why they include "RSU offset" in the deductions column of the pay stub