Upcoming Amazon RSU grant. First time. Is there anything better to do than simply selling? Any way to optimize taxes? Yoe 8 TC 330k
RSU vesting is usually w2 income. there is nothing you could do specifically with respect to them to minimize taxes. selling the remain stock, after witholding might be a good strategic idea, but it doesnt impact the taxes owed at vest.
Like others said. Sell and diversify. If your grant made it worth it, and if you only cared about reducing tax burden, you could move to a no-income-tax state. But for this grant it’s likely too late.
Thanks, good thought for the future
Sell and SPY,VTI and forget about it