I’m joining FB soon and am wondering how RSUs are taxed? Are you taxed at the correct rate for your bracket or is it a flat rate? Do you have any control over the rate that is used? If it’s a flat rate, how do you all typically counter this? Extra payments to the IRS or extra withholding on W4?
Its actually not at your withholding level, its at a flat rate of 20ish percent, which is too low for most tech workers. You have a pretty high chance of underwitholding unless you also send in quarterly estimated payments. (I used to be at Facebook)
Huh interesting
The penalty is waived if each year you withheld more than you owed the previous year, which tends to be the case for first few years while your income is growing fast. The penalty is also not too painful if you just want to ignore.
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At the time they vest; a number are sold consistent with your chosen tax withholding This automatically feeds into your w2