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Posted

If I sold to cover on the vesting date and the stock loses value between then and selling the rest of the stock from that  date, can I deduct the capital loss against ordinary income?

Meaning, lets say 1000 RSUs was worth $10, and on the vesting date I sold 300 shares and paid $3k taxes, and the stock drops to $5 by the time I sell, do I now have a capital loss of $5/share on the remaining 700, or -$3500?

Posted

Depends on how long you held them. The 1 year capital gains clock starts when the shares vest, and your tax basis is the closing price on the day they vested. 

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