RSU tax refund after stock tanks post vesting?
Mar 5
8 Comments
Lets say you have base salary £100000 and when your RSU vests: the price is at £50 and you get 1000 shares in one year so you would have £50000 increase in income.
For that year, You pay taxes on £150000 income because that's effectively your total income.
But after a 1-2 years, the NET RSUs you hold dropped to £25 , can you reclaim some income/withholding taxes you effectively overpaid? I know you can claim capital gains losses if you sell your net RSUs but that doesn't help if you don't want to sell them or unless you've enough capital gains in other stocks to make the capital losses useful.
#personalfinance #investments
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