I was allocated some pre-ipo RSUs. The company went public and the lockdown period ends in May. I will be selling all of them and want to understand how are they taxed so that I can save the money for next year's filing before investing the sum in other investments.
Let's say I was assigned the stock at a cost of $10 per share. The stock is currently $15. Will the taxes be deducted automatically at $15 price as soon as I am assigned the stocks? If I autosell the stocks do I owe any taxes if the taxes are pre-deducted before I am assigned the stocks in brokerage portal(Charles Schwab in my case)
#personalfinance #investments
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