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Re:What I wish I knew about ESPP and RSUs sooner (2024, USA,... by stouset on Monday March 18, 2024 @03:45AM (#39741303)
In some company setups, your company reports the vested shares as income on your W-2. They also report your RSUs as having a $0 cost basis. This results in being taxed twice.

E*TRADE at least provides an addendum that lets you know the adjusted cost bases to report to the IRS.

In my case this happens for RSUs and—I believe—not for ESPPs which are reported correctly out the gate.

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