I found the I owe federal almost $50k tax. But when I check my eTrade confirmation, I am already withholding 22% federal, 6.2% social security, 1.45% Medicare, 10.23% state, 1.2% CA VDI, totaling 41%.
If I increase federal withholding to 32% as some posts suggested, then my total withholding will be 51%.
Is this correct? It means that I will be getting less than half of my RSU after tax!
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comments
This sucks!