u/Putrid_Image9947

Here the Date of acquiring interest for schedule FA A3 TABLE WHAT DATE NEED TO GIVE FOR BOTH AND initial value investment share QTY: 7 ryt? on 30-APR-2021(Vest Date as 12 share and selltocvr happened 5 shares) -> so net sellable was 7 shares as on 30-apr-2021, i searched Gemini AI, Chatgpt both giving reply differently each time

Record Type	Date Acquired	Sellable Qty.	Vest Date	Release Date
Grant	30-APR-2021	7	30-APR-2021	30-APR-2021
Grant	02-MAY-2022	7	30-APR-2022	02-MAY-2022

On 15 September 2024 (Sunday). 21 units of RSUs were vested, they were taxed at the rate of 35% and 8 share were sold by the company to cover the taxation (sell-to-cover).

In the release confirmation PDF from ETrade. Following are the details for the RSU grant

• Release Date: 15 Sept 24
• Shares Released: 21
• Market Value per Share: 171.78 USD
• Award per share: 0 USD
• Sale Price per Share: 171.2834 USD
• Shares issued = Total shares - sold = 21 - 8 = 13
• Tax = Taxable sum @ 35.88% = 35.88% of 3607.88 (value of 21 shares) = 1294.33 USD
• Cash Distribution = Total Sale Price = 1370.27 (8 shares sold by company) - 1294 (total tax) - 4.99 (fees) = 70.95 USD

Peak Value of Investment calculation doubt:

For CY:

Total Vested: 21
Selltocvr Taxes:8
Sellable QTY: 13

Option 1.Peak value of Investment: Total Sellable QTY Shares(13) * Share Price during calender Year peak value * SBI TT Buy Rate for shareprice peak CY Date

Or
Option 12. Total Sellable QTY Shares(13) * Share Price during calender Year value * SBI TT Buy Rate -> Fetch all the value for CY in excel and whichever value in excel was peak declare that

Which option is crct? My friend told to declare Option1.

Second question: Peak Value corner case Just Example asking:
Suppose if Initial Value of investment was : 30000
and Peak Value got from option1 or option2 : 25000

In this case peak value will be same as Initial value eventhough in Peak value share QTY will be sellable QTY(13) only?

I missed to report dividends and interest income for Calender Year 2022,2023 - Any way to report it?

On 15 September 2024 (Sunday). 21 units of RSUs were vested, they were taxed at the rate of 35% and 8 share were sold by the company to cover the taxation (sell-to-cover).

In the release confirmation PDF from ETrade. Following are the details for the RSU grant

• Release Date: 15 Sept 24
• Shares Released: 21
• Market Value per Share: 171.78 USD
• Award per share: 0 USD
• Sale Price per Share: 171.2834 USD
• Shares issued = Total shares - sold = 21 - 8 = 13
• Tax = Taxable sum @ 35.88% = 35.88% of 3607.88 (value of 21 shares) = 1294.33 USD
• Cash Distribution = Total Sale Price = 1370.27 (8 shares sold by company) - 1294 (total tax) - 4.99 (fees) = 70.95 USD

According to what I found, since 15 and 14 Sept 24 were bank holidays. I need to use the SBI TT buying rate on 13 Sept 24 which is 83.52.

Total vesting value of 21 shares = shares * share_price * tt_buying = 21 * 171.78 * 83.52 = 301288.3776 INR

Total value of shares I was holding (total - sold by company) = sold_shares * sale_price * tt_buying = 13 * 171.2834 * 83.52 = 185972.664384 INR

This is where I am confused. whether Total vesting value of 21 shares i need to use or Total vesting value of 13 shares i need to use for initial value of investment?
Pls help.