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Old 03-04-2010, 04:11 PM
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Join Date: Mar 2010
Location: Auburn Hills, MI
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Restricted Stock Units

Hello my question lies in the fact that generally restricted stock units are non - deductible from my prior research efforts. My situation is slightly different from what I have seen. The company in question now is bankrupt, the taxpayers were taxed on the value of the restricted stock units by their employer including that total in the gross wages of their w-2. My understanding is that once they are included in gross income means that they have been exercised. My questions are is the capital loss deductible if this is not the case? What is the purchase date for this purpose?

Thank you in advance



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