hi all,
for declaration of RSU in FA schedule, how to get the peak value of investment during the year and closing balance as on 31st December? I mean Source for this declaration?
To declare RSU (Restricted Stock Units) in the FA (Financial Assets) schedule, you'll need to report the peak value of investment during the year and the closing balance as of December 31st. Here are some sources to help you obtain this information:
1. _Company's HR or Finance Department_: Reach out to your company's HR or Finance department to request:
- A statement showing the RSU vesting schedule and corresponding values.
- The peak value of RSUs during the year.
- The closing balance as of December 31st.
2. _Stock Plan Administration Portal_: If your company uses a stock plan administration portal (e.g., Fidelity, E*TRADE, or Solium), you can:
- Log in to your account to view your RSU holdings and vesting schedule.
- Download statements or reports showing the peak value and closing balance.
3. _Form 3921 (or equivalent)_:
- If you received a Form 3921 (or equivalent) from your company, it may report the RSU vesting and corresponding values.
4. _Brokerage Statements_:
- If you've sold or transferred RSUs to a brokerage account, review your brokerage statements to identify the peak value and closing balance.
Use these sources to gather the required information and accurately complete the FA schedule for your tax return.
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