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There's nothing to do. They aren't taxed until granted. You can sell any at a loss to reduce any expected taxes but that's probably a bad idea.
If you don't sell, it can keep going lower. Will see GOOG at 60 sometime next year.
Are you talking about shares that have vested and lost value, or shares that will/have vested at a lower price?
I assume OP is talking about a situation where you vest at a high price during a period where you're unable to sell, then the stock price craters but you're still on the hook for tax at the higher price. I've been through it, and according to every tax specialist I talked to, there's literally nothing you can do.
Why isn't it sold immediately for tax withholdings??
In my situation, only 22% is withheld, but my tax rate is much higher, so I end up owing the difference.
There is nothing you can do unless you have some big capital gains to offset with the RSU losses - but in this market I doubt many have such capitals gains, most people have losses in their investment accounts as well
Thanks OP, can you sale all and report the losses for the next few years like most corporations do.
Yes, You can offset your losses but only against capital gains in the future and not ordinary income. There is a limit of 3K per year for offsetting capital losses against ordinary income. If you don’t have gains to offset against, it may take a long time doing 3 K a year.
Following
Nothing legal
When can you cash out RSU?? I am fully vested but apparently I still can’t sell/cash out until I reach 63?? Unless you file a hardship etc
Lol if it doesn’t vest. It’s not even yours yet