u/Upstairs_Mechanic793

US liquidity fund taxation after RSU sale

Hi,

I sold RSU last year (E*Trade account with work), proceeds were lodged in a Morgan Stanley "cash account". I get a 3.26% "dividend" labelled "TREASURY LIQUIDITY FUND" on my statements.

The wording is confusing because my normal dividends have a 15% withholding tax applied to them by the broker, but the "cash account" does not. Yet the interest I get are called "dividends".

Does anyone know how those should be declared to revenue? I get mixed responses from Claude: they could be Money Markey Fund interest and therefore meaning I need to declare them as offshore funds on a Form 11.

Thanks!

reddit.com
u/Upstairs_Mechanic793 — 2 months ago