No
No you only get taxed on gains
If possible hold it for a year so you pay lower tax through capital gain. Than again if there is a possibility it will drop, than dump it. Another option is to “donate” like the rich do
If only there was a company that helped people answer their tax questions. Sounds like a business opportunity to me!
See this: https://www.cordantwealth.com/rsus-tax-saving-and-hedging/#How_Are_RSUs_Taxed
The irony you missed is that this question came from Intuit.
The tax withheld by the company might not be sufficient to cover your actual tax liability on those RSUs. Whether you sell or not does not change that.
No
No, but if your profit is more than what was accounted for when selling then you will be liable. All data will automatically apply when you run TurboTax
No. In fact you will probably get a refund. Most companies over withhold on RSUs and bonus.
Depends on how much been sold for taxes. For me they sell 22% for taxes and being in higher tax bracket I have send in $$$$ at the year end.
AMA
Yesterday
3207
I have worked at TikTok US core tech for 3 years. AMA.
India
16h
3059
Why is it so G*damn difficult to move money out of India
Ask Blinders
21h
962
Why Pronouns shit captured US ? I don’t see this anywhere else
2024 Presidential Election
17h
1280
Uh oh: President Trump leads Biden 49% to 43% in a two-way race.
Tech Industry
Yesterday
3129
I am so fked. Renege Meta offer?
Depends on other external factors (cap gains/losses and other non work related things). Also depends on the amount you told intuit to withhold In general though, you should be all set Honestly you probably have better resources internal at intuit that will be better suited to answer employee questions on taxes