Which option to choose? I don't want fidelity selling all my shares on the vesting date. I don't mind selling some of it to cover the taxes. Are there any benefits for choosing one over the others?
Blind tax:
TC 180
Yoe 1.5
Which option to choose? I don't want fidelity selling all my shares on the vesting date. I don't mind selling some of it to cover the taxes. Are there any benefits for choosing one over the others?
Blind tax:
TC 180
Yoe 1.5
comments
If you want to hold the stocks long term because you’re bullish on the security then you can sell a portion to cover tax obligation/deposit funds to cover. However, it will be rounded up and the remaining balance will go into your account. The amount you sell will be taxed as normal income and the shares you leave untouched won’t be taxed until you decide to sell (Therefore it will eventually be taxed twice - look into short term vs long term capital gains).
If you sell them all immediately when it vests then it will only be taxed as regular income.