What is your real TC

TuneIn Spelmanson
Jun 6, 2018 22 Comments

All discussions here only about gross TC.
But hey, people, how much salary do you have in real money, after paying taxes, (especially with RSU and bonuses taxes are significantly higher that taxes from base salary)?

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TOP 22 Comments
  • LinkedIn nobody7
    TC is what your employer compensates you. What you takes home depends on lots of other factors like how much you put in 401k, espp, how much your spouse earns, how many kids you have and how much mortgage interest you pay, etc.
    Jun 6, 2018 0
  • Facebook / Eng
    mpkfa

    Facebook Eng

    PRE
    Google, Microsoft
    mpkfamore
    Real TC || GTFO
    Jun 6, 2018 3
    • TuneIn Spelmanson
      OP
      Yea, right. 150K
      Jun 6, 2018
    • Amazon TCORGTFO
      Please don’t tell me I need a new username
      Jun 6, 2018
    • TuneIn Spelmanson
      OP
      You love yourself too much
      Jun 6, 2018
  • New / Other gumby9
    If your RSUs are being taxed at ordinary income you're making a mistake.... you should be filing an 83b election so that they are taxed at the capital gains rate instead.
    Jun 6, 2018 8
    • New / Other gumby9
      Lol..... wrong.
      Jun 6, 2018
    • New / Other gumby9
      Been doing it for years, and now my company is offering to file the 83b for employees.
      Jun 6, 2018
    • Facebook public
      No that's correct, 83b cannot be used for rsus. My point was more people here have never worked for a company with options or restricted stock.
      Jun 6, 2018
    • New / Eng
      Luffy, M.D

      New Eng

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      Prematurely grumpy old man
      Luffy, M.Dmore
      I've had RSUs, ISOs and even NQSOs (company back during the dot com bust gave us penny NQSOs to make up for a salary cut)
      Jun 6, 2018
    • Lazard fin/tech
      RSUs are just normal taxable income. There aren't any shortcuts around it.
      Jun 6, 2018
  • Facebook public
    Taxes on rsu and bonuses are the same as base. All are taxed as regular income...
    Jun 6, 2018 0
  • New / Other gumby9
    I was wrong. What my company offers is restricted stock, which is different from RSUs. You can do an 83b on restricted stock, but not on RSUs apparently.
    Jun 6, 2018 3
    • New / Eng
      Luffy, M.D

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      Luffy, M.Dmore
      Fairly early stage? Would imaging restricted stock 83b would get quite expensive otherwise
      Jun 6, 2018
    • New / Other gumby9
      Yes, the stock was granted for pennies per share but sold last year for dollars. 😀. Thank god for the 83b.
      Jun 6, 2018
    • New / Eng
      Luffy, M.D

      New Eng

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      Luffy, M.Dmore
      Yeah, getting real shares rather than RSUs then sounds like a great deal.
      Jun 6, 2018
  • New / Eng
    Luffy, M.D

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    Luffy, M.Dmore
    As for RSUs and 83b even if allowed would only make sense if the stock price remained very low since you'd be paying income tax on the valueat grant time.
    Jun 6, 2018 0
  • Facebook kjmonk
    There are multiple savings rate threads. Thought people understood the various factors when talking about TC, that's why everyone asks about COL and location due to tax differences and other factors.
    Jun 6, 2018 0
  • LendUp / Eng Tamago
    Take home? Just plug it into a tax calculator
    Jun 6, 2018 0