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How so? Isn't it just taxed as normal income at vesting time? Most employers automatically sell enough to cover the tax withholding to solve any issues.
by xur17 6y ago
How so? Isn't it just taxed as normal income at vesting time? Most employers automatically sell enough to cover the tax withholding to solve any issues.
- lazide 6y agoWash sales, long term/short term gains and associated tax issues, RSU withholding which is a fixed amount and not based on the income tax withholding, and a typical broker account to sell/get money are massively more complicated than a direct deposit to your bank account and money back from the government at the end of the year unless you massively screw it up. By number, most of Amazon’s employees are working minimum wage and probably don’t have much of a balance. Many of them might get evicted if pay gets delayed even a couple weeks.
- slongfield 6y agoFWIW, Amazon doesn't treat its warehouse employees well, but it does pay more than minimum wage.
- liveoneggs 6y agoI only have limited experience but first I had to do an 83(b), then dealing with a K-1, and didn't make crap from the company so my RSU ended up costing more in accountants than netting money for me. Amazon is probably a safer bet.