Inside Merrill Benefits Online: Where to Locate Tax Forms, 401(K) Balances, and Stock Grants
Q1: Why does my 1099-B show an unadjusted or zero cost basis on vested RSUs?
A1: Under IRS reporting regulations, custodians frequently report the grant or baseline purchase price rather than the market value at vest on box 1e of Form 1099-B. You must reference your supplemental equity statement on the portal, which shows the compensation income already reported on your W-2, to adjust your cost basis and prevent double taxation on your Schedule D.
Q2: How do I transfer vested company stock to an external brokerage account?
A2: Once RSU or ESPP shares clear settlement, navigate to the brokerage services tab, select outgoing transfers, and execute an Automated Customer Account Transfer Service (ACATS) request using your external firm's account number and DTC clearing details.
Q3: What should I do if my participant statements download link fails to load?
A3: Browser pop-up blockers routinely prevent the document vault from opening statement PDFs. Clear your browser cache, whitelist the domain, or access documents via the documents tab on the dedicated mobile app.
